24H | Alibaba Jumps 3% as Alibaba Cloud Raises AI Computing and Storage Prices Up to 34%
Tiger Newspress
Yesterday
Alibaba Cloud has announced price hikes of up to 34% on AI computing and storage products due to surging global AI demand and rising supply-chain costs.
Product like T-Head Zhenwu 810E rose 5%-34%, while CPFS (Intelligent Computing edition) storage increased 30%. Sources cite a sharp rise in Token usage as another driver. Alibaba Cloud’s MaaS business, Bailian, recorded record growth in Q1 2026, with scarce AI computing resources now prioritized for Token workloads.
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