BEIJING, May 22 (Reuters) - Artificial intelligence (AI)
firm iFlytek on Wednesday entered a brewing price war between
some of China's biggest tech companies, after it made some
versions of its "Spark" large-language model (LLM) free or five
times cheaper than similar products from competitors.
The move comes a day after Chinese tech giants Alibaba ( BABA )
and Baidu ( BIDU ) slashed prices of their LLMs used
to power generative AI products, and a week after Bytedance made
a similar move.
iFlytek last September launched a ChatGPT-like product,
"Spark", which the company claimed the following month surpassed
ChatGPT 3.5 in Chinese language tasks, while displaying
comparable performance in English.
Hefei-based iFlytek, best known for its voice recognition
technology, said Spark Lite would be free for the public to use
while Spark Pro/Max would cost only 0.21 yuan, or less than 3
cents, per 10,000 tokens, or units of data processed by the LLM.
This new pricing is five times cheaper than the 1.2 yuan per
10,000 tokens charged by Baidu's ( BIDU ) Ernie 4.0 and Alibaba's ( BABA ) Tongyi
Qwen-Max.
One token is equivalent to 1.5 Chinese characters in Spark,
meaning 10 tokens for the price of 2.1 yuan ($0.29) was enough
for Spark Max to generate all of Yu Hua's popular novel "To
Live", according to a statement published on iFlytek's official
WeChat account.
State-owned China Mobile is iFlytek's largest
shareholder with a 10% stake.
($1 = 7.2393 Chinese yuan renminbi)