Kuries wrote a post · May 21 21:20

GPT Model Price War

$BABA-SW(09988.HK)$ Tongyi Qianwen's GPT-4 level model price dropped 97%, with 1 yuan buying 2 million tokens, setting the lowest price in the market.

Alibaba announced price cuts on nine Tongyi models, with the Qwen-Long model being exceptionally cost-effective, priced at 1/400th of GPT-4 and supporting 10 million tokens.

$ByteDance(FT0001)$ ByteDance's aggressive pricing shook up the domestic large model market, forcing Alibaba, $BIDU-SW(09888.HK)$ , and $TENCENT(00700.HK)$ to follow suit. Smaller companies preemptively slashed prices to compete.

Former Alibaba VP Jia Yangqing commented that while price cuts are a simple strategy, true business success in the B2B sector is more challenging. "Perhaps the most grounded, not the cheapest, will win the business war."

$Alibaba(BABA.US)$ $ALIBABA GROUP HOLDING LTD(BABAF.US)$ $China Concept Stocks(LIST2517.US)$ $Hang Seng TECH Index(800700.HK)$ $Chatgpt Concept(LIST1347.HK)$ $Artificial Intelligence(AI)(LIST2136.US)$ $Microsoft(MSFT.US)$ $Alphabet-C(GOOG.US)$

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Peng Lim Yap : Buy back the stock now. The more the merrigible

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Kuries

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