Mar. 18 at 11:52 AM
$BIDU
The cloud-computing units of Alibaba Group Holding and Baidu are raising prices for certain services by as much as 34 per cent, following similar moves by their American peers earlier this year as artificial intelligence demand and infrastructure costs rise.
Baidu Cloud said on Wednesday that it would increase the price of its AI computing power related services by around 5 to 30 per cent, and its parallel file storage system by 30 per cent. The changes will also take effect on April 18.
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