Alibaba Upgrades Its AI Assistant. Why It Could Be a Boost for Apple Stock. - Barron's
1. Alibaba upgraded Quark AI assistant, enhancing reasoning and task capabilities. 2. Apple plans to integrate similar AI into iPhones, pending regulatory approval. 3. iPhone shipments in China fell 17%, sparking growth concerns for Apple. 4. Alibaba to invest 380 billion yuan in cloud computing and AI over three years. 5. Alibaba has gained 62% in stock value this year amid China's AI advancements.