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BABA Jun 2024 175.000 put

OPR - OPR Delayed price. Currency in USD
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92.750.00 (0.00%)
As of 09:45AM EDT. Market open.
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Previous close92.75
Expiry date2024-06-21
Day's range92.75 - 92.75
Contract rangeN/A
Open interest8
  • Benzinga

    Alibaba Sparks AI Price War With Massive Discounts: Report

    In a major move, Alibaba Group Holding Ltd (NYSE:BABA) slashed prices on its artificial intelligence services by up to 97%, prompting immediate reactions from competitors Baidu Inc (NASDAQ:BIDU) and ByteDance Ltd. This aggressive pricing strategy is expected to ignite a price war in China's emerging AI sector. Baidu responded soon with free services based on its Ernie AI models, shortly after Alibaba announced price cuts on nine products utilizing its Tongyi Qianwen technology. ByteDance had alr

  • Benzinga

    Alibaba and Douyin Partner In Strategic Move to Dominate China's Midyear Shopping Craze

    Alibaba Group Holding Ltd’s (NYSE:BABA) Taobao and Tmall Group are collaborating with ByteDance-owned Douyin to draw users from the Chinese short video platform, aiming to boost their presence in the mainland’s annual midyear shopping festival. Recently, Alibaba’s domestic e-commerce unit teamed up with Douyin, also known as the Chinese version of TikTok, to assist merchants on the Taobao and Tmall platforms in gaining customers from Douyin’s user base. The collaboration revealed on Monday, intr

  • Reuters

    Chinese tech giants slash prices of language models used to power AI chatbots

    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.