Alibaba Cloud raises prices on AI computing and storage by up to 34%

Alibaba Cloud said it would raise prices on some AI computing products by 5% to 34%, and on its AI-oriented parallel file storage by about 30%. The company cited surging global AI demand and higher supply-chain and hardware costs. A price increase on compute is a sign that demand is outrunning supply, which supports cloud margins if volumes hold.

• Increase range: 5% to 34% on AI accelerator products such as the Zhenwu 810E
• Storage: CPFS AI-edition file storage up about 30%
• Stated reasons: AI demand and higher hardware costs
• Reporting: token usage rising sharply and compute being shifted to token-based services