Apple, Baidu's AI models for iPhone 16 and Ios 18 in China - Breaking news. The Chinese hi-tech company's shares jumped by more than 5% on the Hong Kong stock exchange.
Apple's number one Tim Cook said yesterday, on the sidelines of the ChinaDevelopment Forum in Beijing, that the group will continue to increase investments in research and development in China. The US company had also approached Alibaba, deciding "to choose Baidus" to power the iPhone.