Alibaba Rises on Confirmed Qwen AI Integration Into Apple Systems in China
2026-07-15 12:03:34
According to CNBC, U.S.-listed shares of Chinese e-commerce and technology conglomerate Alibaba rose about 4% in premarket trading Wednesday after the company confirmed its Qwen artificial intelligence model will be integrated into Apple systems in China. An Alibaba spokesperson said Qwen will be incorporated into Apple Intelligence experiences within iOS, iPadOS, macOS, and visionOS for users in China. The Cyberspace Administration of China included Apple's AI services on a list of approved providers, which also includes products from domestic companies such as Huawei. Alibaba's American depositary receipts were last seen trading 3.7% higher. The spokesperson added that the integration gives users access to capabilities like text and image understanding and generation without needing to switch between tools.
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