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Alibaba Sparks AI Price War With Massive Discounts: Report - Alibaba Gr Holding (NYSE:BABA)

Alibaba Group (NYSE:BABA) has drastically cut prices on its AI services by up to 97%, sparking a fierce price war in China's burgeoning AI sector. Competitors Baidu (NASDAQ:BIDU) and ByteDance have swiftly responded with aggressive pricing and free services. This competition highlights the intense race among Chinese tech giants, including Tencent, to dominate the AI market, fueled by massive investments and strategic restructuring efforts.

EXIT Co-Chair to Identify Expansion Opportunities at RISMedia's CEO & Leadership Exchange — RISMedia

Tami Bonnell says that you have to get personal to grow a business, especially in this market.

CEO & Leadership Exchange Preview: Getting a Bigger Piece of the Pie in a Shrinking Market

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