Alibaba shares rise as Cook confirms Apple Intelligence integration with Alibaba's Qwen model
AI-generated briefing · First published
Alibaba-W shares rose nearly 4% after Tim Cook said Apple Intelligence with Alibaba's Qwen model will launch a test version later in October.
Alibaba-W shares rose nearly 4% in intraday trading after Apple Executive Chairman Tim Cook confirmed that Apple Intelligence and Alibaba's Qwen large model have received approval and will launch a test version later in October, including real-time translation, writing tools and photo-cleanup features, but not Siri AI. [1]
Cook made the remarks during a dialogue at the 2026 Shanghai Suhewan Conference, where he also noted that almost everyone in China is actively embracing AI and that 95% of student app projects he saw incorporated AI. [2]
Sources
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