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.
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 broader rally in Chinese tech stocks highlights how DeepSeek's cost-efficient model could spur developments in China's AI ...
The frenzy over Chinese artificial intelligence is turning Alibaba Group Holding Ltd. into an investor favorite again, ...
The stock climbed its most since September after the tech outlet, citing one unidentified source, said Apple and Alibaba have ...
The stock of tech giant Alibaba — whose shares had been beaten down since Beijing's yearslong Big Tech regulatory crackdown — ...
Asian markets, except for Hong Kong and Mainland China, were lower on Trump’s steel and aluminum tariff talk as the U.S.
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