Alibaba’s U.S.-listed shares rise as Qwen AI set for integration into Apple services in China
Alibaba's U.S.-listed shares rose by nearly 4% after the company confirmed its Qwen AI model will be integrated into Apple Intelligence experiences across multiple operating systems for users in China. The move follows regulatory approval from the Cyberspace Administration of China and highlights growing collaboration between Chinese tech firms and global companies.
Topics: AI integration cross-border tech collaboration regulatory approval