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flag Alibaba raised AI cloud prices up to 34% from April 18, 2026, due to high demand and rising costs.

flag Alibaba raised prices for its AI cloud services by up to 34% starting April 18, 2026, citing surging global demand for AI and rising hardware costs, including advanced chips and infrastructure. flag The hikes affect AI computing, storage, and accelerator services, with some products increasing by as much as 34%. flag The move follows similar actions by Baidu, Tencent, and U.S. tech giants, reflecting industry-wide pressure from AI-driven demand outpacing supply. flag Alibaba Cloud also increased production of H200 accelerators and prioritized AI resources amid capacity constraints. flag The company’s stock rose in premarket trading, supported by investor interest in its AI initiatives, though concerns remain over profitability and execution risks.

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