Apple Intelligence Finally Gets Green Light in China, Boosting Upgrade Hopes
Powered by Alibaba’s Qwen model, the AI features — including upgraded Siri — are set to launch this fall with iOS 27 for Chinese users.
Powered by Alibaba’s Qwen model, the AI features — including upgraded Siri — are set to launch this fall with iOS 27 for Chinese users.
Strong Cloud revenue outlook and narrower Taobao losses drove the surge, lifting the Hang Seng Tech Index 5%.
Baidu Q1 2026: AI growth surges, cloud and robotaxis boom, ads fall, but earnings beat expectations and profits rise.
Uber is investing $10B in self-driving cars and robotaxis, shifting from not owning cars to owning fleets to stay competitive.
Baidu’s (BIDU) latest results show slowing revenue and tough AI competition, yet cloud growth, overseas robotaxis, and a new $5B buyback + dividend signal brighter days ahead.
The Pentagon briefly put Alibaba, Baidu, BYD, and TP-Link on a list of firms linked to China’s military, then removed it without explanation. The move caused stock drops and confusion. The companies denied any military ties and said they may take legal action.