AI & Enterprise
Global big tech race to raise AI infrastructure prices, may rise further amid supply chain uncertainty
Following U.S. companies, major Chinese cloud providers are raising AI infrastructure prices. Alibaba and Baidu Cloud will increase some service fees by as much as 34 percent, citing surging AI demand and rising infrastructure costs, the South China Morning Post reported. IDC China’s Cui Tingting said hardware suppliers are lifting prices amid expected future shortages, pushing up supply-chain costs and cloud market expenses. She said further increases cannot be ruled out if costs keep rising.
