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.
Shares in Alibaba (BABA) climbed Friday, building on a recent runup and putting the stock on course for a multiyear high. Alibaba and other Chinese technology stocks [have been boosted by optimism abo ...
Apple has picked Alibaba over DeepSeek to roll out its AI-powered suite of services for the iPhone in China — a move designed ...
SHANGHAI, Feb 7 (Reuters) - An Alibaba executive has denied reports that the Chinese e-commerce giant intends to invest in DeepSeek, Chinese news outlet The Paper reported on Friday. The Paper ...
Hong Kong shares climbed on Wednesday, with Alibaba leading the surge due to AI-related revaluation prospects. Apple is ...
Alibaba shares soared by more than six percent on Friday following reports that Chinese President Xi Jinping was poised to ...
Due to local regulations, Apple needs a Chinese partner to offer its AI services in China. It had been expected to work with ...
Asian equities were mostly higher overnight as Hong Kong and Indonesia outperformed while Taiwan and Pakistan underperformed.
Baidu plans to offer its Ernie chatbot at no cost to both desktop and mobile users as it seeks to take the crown as China's ...
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