Alibaba Cloud's AI computing power and storage products have increased in price by up to 34%.

PANews reported on March 18th that, according to the Science and Technology Innovation Board Daily, Alibaba Cloud issued an announcement on its official website stating that due to the surge in global AI demand and rising supply chain prices, Alibaba Cloud's AI computing power and storage products have increased in price by up to 34%. Specifically, computing power cards such as the Pingtouge Zhenwu 810E have increased by 5%-34%, and the file storage product CPFS (Intelligent Computing Edition) has increased by 30%. According to sources, another important reason for this round of price increases is the "surge in token usage." Alibaba Cloud's MaaS business, Bailian, achieved its highest growth rate in history from January to March this year. Alibaba Cloud is allocating its scarce AI computing power resources to the token business.