U.S.-listed shares of Chinese conglomerates alibaba Shares rose 4% in pre-market trading on Wednesday after confirming that the company’s Qwen AI model will be integrated. apple Chinese system.
“Qwen will be integrated into the Apple Intelligence experience within iOS, iPadOS, macOS, and visionOS for users in China,” an Alibaba spokesperson told CNBC.
The Cyberspace Administration of China included Apple AI services in its list of approved providers, which also included products from domestic companies such as Huawei.
Alibaba’s ADR stock was recently up 3.7%. Apple has been contacted for comment.
Changes in Alibaba’s US listed stocks since the beginning of the year.
Beijing’s AI service has come a long way since it was first announced in 2024 to get the green light. Meanwhile, technological competition between the US and China has intensified as the two countries compete for superiority in the field of AI.
Earlier this month, Alibaba banned the use of Anthropic’s AI by its employees, and U.S. lawmakers are considering how to curb the growing adoption of Chinese AI models by their own companies. US tech giant meta It has reportedly been forced to scrap its $2 billion acquisition of Chinese company Manas following a deal termination order from the Chinese government.
Apple’s integration with Qwen will allow users to access the model’s capabilities “such as understanding and generating text and images without having to jump between tools,” the Alibaba spokesperson added.
This comes after CNBC reported that Apple is in talks with a small Silicon Valley company that claims it can scale down artificial intelligence models powerful enough to run directly on iPhones, the startup’s CEO told CNBC on Tuesday.
PrismML, a Caltech spinout backed by Khosla Ventures, released a compressed version of Alibaba’s open source Qwen model to the public on Tuesday.
The company said it has reduced the model’s capacity from about 54 GB to less than 4 GB, allowing all 27 billion parameters to run on iPhone 15 and later.
