Previous close | 4.1600 |
Open | 4.1600 |
Bid | 3.6500 |
Ask | 4.2000 |
Strike | 160.00 |
Expiry date | 2026-01-16 |
Day's range | 4.1600 - 4.1600 |
Contract range | N/A |
Volume | |
Open interest | 482 |
Alibaba stock gapped down after reporting earnings, but BABA stock has rebounded well, with shares up nearly 11% last week.
Chinese tech giants Alibaba and Baidu slashed prices on Tuesday of large-language models (LLMs) used to power generative artificial intelligence products, as a price war in the cloud computing sector heats up in China. Alibaba's cloud unit announced price cuts of up to 97% on a range of its Tongyi Qwen LLMs. It was quickly followed by Baidu, which hours later announced that its Ernie Speed and Ernie Lite models would be free for all business users.
(Bloomberg) -- Alibaba Group Holding Ltd. slashed prices for a clutch of artificial intelligence services by as much as 97%, spurring an immediate response from Baidu Inc. in potentially the start of a price war in China’s nascent AI market.Most Read from BloombergOne Dead After Singapore Air Flight Hit By Severe TurbulenceASML and TSMC Can Disable Chip Machines If China Invades TaiwanHims Debuts $199 Weight-Loss Shots at 85% Discount to WegovyJamie Dimon Says Succession at JPMorgan Is ‘Well on