Alibaba Snags Deal to Power AI on Apple’s iPhones in China
Alibaba has scored a prized deal as it tries to carve out a lead in the highly competitive artificial intelligence race. Apple’s iPhones in China will use Alibaba Group’s AI technology, chairman Joe Tsai said. That confirmed an earlier report that sent the Hangzhou-based company’s shares briefly soaring as much as 9.2% in Hong Kong.
Following a report that Apple would have chosen Alibaba to power its Apple Intelligence features in China, Alibaba’s chairman confirmed the company is going to be responsible for bringing Apple ...
The broader rally in Chinese tech stocks highlights how DeepSeek's cost-efficient model could spur developments in China's AI ...
Alibaba’s shares have surged after it bet big on AI – in a surprise reversal of fortunes for the e-commerce giant, which had ...
The frenzy over Chinese artificial intelligence is turning Alibaba Group Holding Ltd. into an investor favorite again, ...
The stock of tech giant Alibaba — whose shares had been beaten down since Beijing's yearslong Big Tech regulatory crackdown — ...
Shares of Alibaba Group listed in the U.S. extended their rally into Wednesday after reports that the Chinese tech and ...
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