STORY · SELSKAPER_
Alibaba cuts Qwen prices in battle for AI users
Alibaba has slashed prices on its Qwen models, particularly during US business hours, as part of an aggressive strategy to capture market share from competitors. The move reflects intensified competition in the AI market where both Chinese and Western companies are fighting for user adoption.
WHY IT MATTERS
The price cuts show how AI models are becoming commodities competed on price, and signal that Qwen is seeking to establish itself as a genuine alternative to OpenAI and other leading players in the global market.
SOURCES
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