Chinese stocks tumbled in US trading on Monday, led by the biggest selloff in Alibaba Group Holding Ltd. since 2022, after President Donald Trump’s latest directive stirred fears about deepening financial and technological decoupling between the world’s two largest economies.
Apple has officially partnered with Alibaba to bring Apple Intelligence AI features to the iPhone in China. Alibaba Group
Apple is partnering with Alibaba Group to introduce artificial intelligence features in China, strengthening its position in a crucial market where it has struggled to establish a strong AI presence.
The life of Jack Ma, founder of Alibaba. He grew up poor in China and was rejected from multiple jobs before finding success in tech.
Chinese e-commerce firm Alibaba Group Holding posted its fastest revenue growth in more than a year, beating analyst expectations as it capitalizes on the artificial intelligence boom in China. Alibaba said Thursday that its revenue for the quarter ended December grew 8% to 280.
Apple has officially partnered with Alibaba to bring Apple Intelligence features to the iPhone in China, reports 9to5Mac. Alibaba Group chairman Joe Tsai confirmed the deal on Thursday. Apple Intelligence in China will rely on Alibaba’s Qwen model,
- Chairman of Alibaba Group Jack Ma speaks during a seminar in Bali, Indonesia on Friday, Oct. 12, 2018. (AP Photo/Firdia Lisnawati, File)
Shares of Alibaba Group listed in the U.S. extended their rally into Wednesday after reports that the Chinese tech and e-commerce giant is partnering with Apple to create artificial intelligence features for Apple products in China.
Alibaba Group Chairman Joe Tsai confirmed the company is partnering with Apple to help it roll out AI for iPhones sold in China.
KEY TAKEAWAYS Alibaba Group Chairman Joe Tsai reportedly said that the Chinese tech giant is partnering with Apple to add its artificial intelligence features for its iPhones in China. CNBC cited Tsai as saying that Alibaba could provide Apple with a local partner to navigate China's regulatory environment.