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Alibaba Slashes Cloud Prices Globally as AI Demand Quickens

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April 8, 2024, 7:11 a.m. | Sarah Zheng

Bloomberg Technology bloomberg.com

Alibaba Group Holding Ltd. is cutting prices for cloud customers from the US to Singapore by as much as 59%, mirroring deep discounts at home as the once high-flying division struggles to fend off rivals and revive growth.

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