Alibaba Hikes AI Service Prices Up to 34% After Demand Soars

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📅 Published: 2026-03-18 05:21 📰 Source: Yahoo 📝 Words: 46

📝 Article Content

Its storage service, known as Cloud Parallel File Storage, will also cost 30% more, it said. The price hikes emerged after Alibaba launched a major structural revamp this month to focus on monetizing AI. Alibaba shares rose as much as 3.2% in Hong Kong on Wednesday.

📄 Summary

Its storage service, known as Cloud Parallel File Storage, will also cost 30% more, it said. The price hikes emerged after Alibaba launched a major structural revamp this month to focus on monetizing AI. Alibaba shares rose as much as 3.2% in Hong Kong on Wednesday.

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