Alibaba Cloud, the cloud computing unit of Alibaba Group, announces a price reduction of 97 percent on its Qwen-Long large language model. [Photo provided to chinadaily.com.cn] Competition in China’s artificial intelligence-powered large language model sector is intensifying as leading Chinese tech companies have announced drastic price reductions on major LLM products, leading to a growing … Continue reading Chinese tech giants slash LLM prices
Tag: price
Tesla cutting jobs worldwide, which includes leading markets
Customers examine a Model Y at a Tesla store in Jinan, Shandong province, in March 2023. [TANG KE/FOR CHINA DAILY] Tesla’s global job cuts include reducing staff in the United States and China — the automaker’s two biggest markets — across sales, tech and engineering, five sources briefed on the matter said. CEO Elon Musk … Continue reading Tesla cutting jobs worldwide, which includes leading markets
Xiaomi president: SU7 price a bit expensive
The SU7, produced by Chinese tech company Xiaomi Corp, is displayed at the Mobile World Congress 2024 in Barcelona, Spain. [GAO JING/XINHUA] The price of Xiaomi’s first pure electric sedan SU7 could be a bit expensive, reported ThePaper.cn on Tuesday, quoting Lu Weibing, president of the Chinese tech company. Lu said that he believed the … Continue reading Xiaomi president: SU7 price a bit expensive