Alibaba Snags Deal to Power AI on Apple’s iPhones in China
Alibaba has scored a prized deal as it tries to carve out a lead in the highly competitive artificial intelligence race. Apple’s iPhones in China will use Alibaba Group’s AI technology, chairman Joe Tsai said. That confirmed an earlier report that sent the Hangzhou-based company’s shares briefly soaring as much as 9.2% in Hong Kong.
Apple's iPhones will use AI from Alibaba for Chinese market: Report
Apple Inc.’s iPhones in China will use Alibaba Group Holding Ltd.’s artificial intelligence (AI) technology, Bloomberg reported, citing Alibaba's Chairman Joe Tsai. Also Read: Tata Steel looks to raise ₹ 3,000 crore from fresh bond issue after one-year hiatus: Report
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Asian markets, except for Hong Kong and Mainland China, were lower on Trump’s steel and aluminum tariff talk as the U.S.
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