On May 22nd, Alibaba Cloud announced that it had set up a 500 million yuan accelerated cloud computing subsidy for the first time in the 618 event. Enterprises can now apply for it on the Alibaba Cloud official website. For non Alibaba Cloud IT business expenses, enterprises only need to provide relevant materials such as recent bills, and new Alibaba Cloud users can enjoy subsidies without a cap. At the same time, new and old users can also log in to the Alibaba Cloud official website to receive full discount coupons, which will take effect from midnight on June 3rd. Alibaba Cloud's AI computing power and AI series products have also participated in the 618 discount promotion for the first time, including GPU cloud servers, Bailian platforms, large model training and inference services, and other AI products and solutions.