Tech giant Apple is reportedly teaming up with Alibaba to develop AI-powered features for iPhones in China, sparking a stock surge for both companies! According to Reuters, the duo submitted their co-developed tools to China’s cyberspace regulator for approval, aiming to revamp user experiences with tailored services.
Alibaba’s Hong Kong shares skyrocketed 8% to HK\$113.3 on Wednesday, while Apple’s stock rose 2% as investors cheered the news. The move comes after Apple’s earlier partnership with Baidu reportedly hit roadblocks due to slower-than-expected AI model development.
Why Alibaba? Sources say its massive treasure trove of user shopping and payment data could help Apple deliver hyper-personalized AI features—a key priority as iPhone sales dipped last quarter due to ‘missing AI hype’. Apple’s now banking on this collab to fuel a demand rebound.
While Tencent, ByteDance, and others were considered, Alibaba’s scale and experience sealed the deal. Neither company has officially commented yet, but tech watchers are already buzzing: Could this partnership redefine AI in smartphones?
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According to Reuters, the duo submitted their co-developed tools to China’s cyberspace regulator for approval, aiming to revamp user experiences with tailored services.
. Apple’s now banking on this collab to fuel a demand rebound.
Neither company has officially commented yet, but tech watchers are already buzzing: Could this partnership redefine AI in smartphones? 
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