Apple launched Apple Intelligence features with the iPhone 16 series last year. In the US and (almost) everywhere else in the world, Apple’s iPhone AI features run on a combination of Apple’s own proprietary tech and OpenAI’s ChatGPT. In China, however, ChatGPT is banned for users and developers, so Apple needed to find another way…
Apple is partnering with Alibaba to bring AI services for iPhones in China. This collaboration is expected to bolster the Cupertino-based tech giant’s position in the crucial Chinese market, where it has faced declining iPhone sales. Alibaba Group chairman Joe Tsai confirmed the partnership at the World Governments Summit in Dubai.“They talked to a number…
(Bloomberg) — Apple Inc.’s iPhones will use Alibaba Group Holding Ltd.’s AI technology, the Chinese firm’s chairman said, affirming reports the e-commerce pioneer had scored a coveted role in helping power the iPhone in the world’s top mobile arena. Most Read from Bloomberg Joseph Tsai’s comments came after his company’s shares rose to a 2022…
Apple Inc. will incorporate Alibaba Group Holding Ltd.’s artificial intelligence technology into its iPhones in China, as confirmed by Alibaba’s chairman, Joseph Tsai. Joseph Tsai’s comments came after his company’s shares rose to a 2022 high in Hong Kong following a report about the partnership between the two leading tech firms, News.Az reports, citing Bloomberg….
Feb 12, 2025 Apple Inc. is preparing to launch its latest iPhone SE, expected to hit the market next week, with Alibaba as its AI partner for the rollout of Apple Intelligence in China. Yahoo Finance reports on the company’s impending release as well as mixed market sentiments. The new iPhone SE will reportedly cost…
Interest in artificial intelligence (AI) has reportedly led to a turnaround for China’s Alibaba. As Bloomberg News reported Wednesday (Feb. 12), the eCommerce conglomerate had virtually slunk into obscurity after a long regulatory crackdown in China. But in recent weeks, the report said, its stock has jumped 46%, expanding its market value by close to $87 billion. The…
BEIJING (Reuters) – China’s Alibaba Group Holding Ltd said on Wednesday it had agreed to sell its majority stake in hypermarket chain Sun Art Retail Group to Chinese private equity firm DCP Capital for HK$12.298 billion ($1.58 billion). The 78.7% share represents holdings held by Alibaba subsidiaries, according to a filing to the Hong Kong…
Chinese e-commerce platforms Pinduoduo (PDD), JD.com (JD), and Alibaba (BABA) are paring back stock losses, while remaining in the red, after the United States Postal Service (USPS) reversed its decision and will continue to accept inbound packages from China. Yahoo Finance reporter Jordan Weissmann covers the latest developments. To watch more expert insights and analysis…
The cloud-computing unit of Huawei Technologies has worked overtime with a local company during the Lunar New Year holidays to make DeepSeek’s artificial intelligence (AI) models available to end users on its platform in an efficient and affordable way. Huawei’s cloud unit teamed up with Beijing-based AI infrastructure start-up SiliconFlow to make DeepSeek’s large language…
Consumers are relying more on shopping apps for personalized shopping experiences. Retailers are trying to meet the growing demand for digital commerce, allowing shoppers to browse and buy products easily from any location. PYMNTS’ Provider Ranking of Shopping Apps offers a comprehensive look at the shopping apps that are excelling in this competitive landscape. The…