China's tech giant Alibaba has launched new Qwen3 artificial intelligence models for Apple's MLX architecture, Alibaba said in a statement on Monday.

Alibaba showed cloud and AI momentum with Qwen3 and Apple ties, but margin pressure and fair valuation temper upside. Learn why BABA stock is a hold.

Apple spoke to several Chinese tech companies before striking a deal with Alibaba, and earlier this year, it asked Chinese regulators to approve those AI features, according to the report.

The stock has fallen 23% since reaching a 52-week high in February, but another better-than-expected quarter, especially with ...

But it could also benefit Apple, which has suffered a prolonged period of weak iPhone sales in the People’s Republic amid competition from Huawei. Partnering with Alibaba will undoubtedly boost ...

Following rumors of an Apple-Alibaba deal earlier this week, analysts at investment bank Jefferies wrote that they thought it "would be unlikely to boost sales" of the iPhone 17 in China.

"Alibaba is a poster child for the Chinese Communist Party’s military-civil fusion strategy, and why Apple would choose to work with them on A.I. is anyone’s guess," Representative Raja ...