The Chinese technology and e-commerce group Alibaba has increased its fees for artificial intelligence and data storage services by up to 34%. This move is driven by the strong growth in demand for these services and the rising costs of building the necessary infrastructure. The company also announced price hikes for its AI computing chips, such as the Tongyi Qianwen 810C chips, ranging from 5% to 34%. Additionally, the cost of its cloud file storage service, Object Storage Service, will increase by 30%. These price increases come after Alibaba launched a major restructuring effort to focus on monetizing artificial intelligence.
