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Apple (AAPL) Secures Key AI Partnership in China; Alibaba (BABA) to Power Features

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The Story

News Summary

  • Apple has secured regulatory approval to launch Apple Intelligence in China, partnering with Alibaba and Baidu.
  • Alibaba's Qwen model will power core AI features, while Baidu will support Siri-related functions.
  • This deal validates Alibaba's AI strategy and bolsters its position in the Chinese market.
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AAPL price history

333.08 +20.59% over the displayed period

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