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BABA Jun 2025 90.000 call
| Previous close | 14.47 |
| Open | 13.50 |
| Bid | 12.95 |
| Ask | 13.50 |
| Strike | 90.00 |
| Expiry date | 2025-06-20 |
| Day's range | 13.40 - 14.00 |
| Contract range | N/A |
| Volume | |
| Open interest | 1.8k |
BenzingaAlibaba 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
BenzingaAlibaba 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
ReutersChinese 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.
