Alibaba and Baidu Shares Rise in Hong Kong Following Apple AI Partnership
Shares of Alibaba (9988.HK) and Baidu rose on Thursday after confirming partnerships with Apple to integrate their AI models into iOS services for users in China. The Cyberspace Administration of China also approved Apple Intelligence as a service provider, signaling regulatory support.
Topics: AI Alibaba Qwen integration Apple Intelligence Baidu partnership China regulatory approval