Alibaba, Baidu Slash Prices Of Language Models Used To Power Ai Chatbots

Alibaba and Baidu, two major Chinese cloud computing companies, have announced significant price cuts for their large-language models (LLMs) used in AI chatbot services. This price war has been ongoing for months and is now threatening to lower profit margins for companies relying on LLMs. Some companies have also begun targeting individual users for monetization.