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Apple Reportedly Upholds Partnership w/ Baidu to Develop AI Capabilities for iPhones in CN
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Apple (AAPL.US) is continuing its partnership with Baidu (BIDU.US) in developing AI capabilities for iPhone users in China, reported US IT news outlet The Information. Baidu is reportedly developing an AI-driven search engine that can process images and text, as well as upgrading the Chinese version of voice-activated assistant Siri. Apple is relying on Baidu due to China's regulatory requirement for foreign companies to partner with local firms to develop AI applications for consumers, report told. Alibaba (BABA.US) Chairman Joseph Tsai confirmed the company’s partnership with Apple at a forum last week. Apple's partnerships with Baidu and Alibaba mean the company is adopting a non-exclusive model for AI development in China. Baidu's ADRs jumped up 3.5% at US$96.59 overnight (13th). AAStocks Financial News |
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