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Alibaba Climbs 5% as Apple Picks Qwen to Power iPhone AI in China; PDD Holdings Rises 3%, Baidu Gains 2%

Source: 247wallst.com

Artificial IntelligenceTechnology & InnovationEmerging MarketsInvestor Sentiment & Positioning
Alibaba Climbs 5% as Apple Picks Qwen to Power iPhone AI in China; PDD Holdings Rises 3%, Baidu Gains 2%

Alibaba stock rose 5% to $102.85 in morning trading after Apple integrated a Chinese AI model into the iPhone. The article attributes the move to the announcement but provides no further details on the model or the deal.

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