Alibaba Group Holding’s cloud computing unit has slashed prices for international customers by up to 59 per cent, as the tech giant fights to woo users amid a global race for computing resources driven by rapid artificial intelligence (AI) development. The international cloud business of Alibaba, which owns the South China Morning Post, is facing …
Wall Street is a stomping ground for innovation. Since the advent of the internet three decades ago, there have been a long list of next-big-thing trends and innovations that have come down the line, including genome decoding, 3D printing, blockchain technology, and the metaverse, just to name a few. However, none of these trends offers …
Alibaba Cloud recently unveiled a serverless version of its Platform for AI (PAI)-Elastic Algorithm Service (EAS) (Image by Shutterstock) Alibaba Cloud unveils a serverless version of its Platform for AI-Elastic Algorithm Service. The PAI-EAS is designed to offer a cost-efficient solution for model deployment and inference to individuals and enterprises. Serverless computing can be used …
A popular video game developed by a Japanese studio has set off an unexpected cloud-computing race between Tencent Holdings and Alibaba Group Holding, as the two Chinese tech giants rush to draw players to their respective servers. Palworld, an open-world survival game developed by Pocketpair that lets players catch and raise creatures known as Pals …
In 2023, Alibaba Group Holding Ltd. (NYSE:BABA) witnessed a 20% drop in its stock value, plummeting to about $73, a price echoing its 2014 post-IPO period. This decline has left investors in a quandary, weighing the merits of holding onto their shares or seeking tax-loss harvesting opportunities. However, the share price has factored in these …