Alibaba · Apple · China · Huawei · California · CNBC Technology
The Cyberspace Administration of China included Apple AI services on a list of approved providers
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Alibaba's ADR shares were last seen 3.7% higher.
Key facts
- The company said it reduced the model from roughly 54 GB to less than 4 GB, allowing all 27 billion of its parameters to run on an iPhone 15 or newer
- It follows a long route to a Beijing greenlight for Apple's AI service since the offering was first announced in 2024
- PrismML, a Khosla Ventures-backed spinout from the California Institute of Technology, publicly released compressed versions of Alibaba's open-source Qwen model on Tuesday
- U.S.-listed shares in Chinese conglomerate Alibaba rose 4% in premarket trading on Wednesday after confirming that its Qwen AI model will be integrated into Apple systems in China
Summary
U.S.-listed shares in Chinese conglomerate Alibaba rose 4% in premarket trading on Wednesday after confirming that its Qwen AI model will be integrated into Apple systems in China. "Qwen will be integrated into Apple Intelligence experiences within iOS, iPadOS, macOS, and visionOS for users in China," an Alibaba spokesperson told CNBC. The Cyberspace Administration of China included Apple AI services on a list of approved providers, which included products from homegrown companies like Huawei. It follows a long route to a Beijing greenlight for Apple's AI service since the offering was first announced in 2024.