Alibaba Cloud Slashes Price of GPT-4 Class Foundation Model from Tongyi Qianwen Series by 97%

Aastocks2024-05-21

Alibaba Cloud announced on Weibo that from today (21 May), the API input price for its GPT-4 class "Qwen-Long" foundation model from the Tongyi Qianwen series will be slashed by 97%, falling from RMB0.02 per 1000 tokens to merely RMB0.0005 per 100 tokens.

After the price reduction, RMB1 would be enough to purchase 2 million API input tokens.

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