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Alibaba Cloud, the cloud computing arm of Alibaba Group Holding, has given users of its visual reasoning artificial intelligence (AI) model a new year’s gift by cutting prices up to 85 per cent ...

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The firm said it was giving its customers a New Year’s gift by cutting prices on the visual reasoning AI model, at a time when price wars continue to rage in China’s domestic AI services market.

BEIJING, Dec 31 (Reuters) - Alibaba's cloud unit said on Tuesday it was cutting prices by up to 85% on its large language models.