Alibaba slashes Qwen3-Max model charges up to 50% amid latest AI price war

South China Morning Post - Nov 14, 2025

Alibaba Group Holding has slashed charges for its biggest artificial intelligence model by as much as half, triggering speculation of another price war in China’s highly competitive AI market. Qwen3-Max, the first trillion-parameter model from Alibaba Cloud, was one of the company’s most expensive models on its release in September, with tiered pricing that charged a minimum of US$0.861 per million input tokens and US$3.441 per million output tokens for application programming interface (API)...

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