Alibaba’s shares surged as the e-commerce giant made progress in its partnership with Apple to roll out artificial-intelligence features in China.

Key Takeaways Apple is reportedly partnering with Chinese firm Alibaba to develop artificial intelligence features for iPhones in China.Apple Intelligence is a key selling point of iPhone 16, but the service has been unavailable in China since its October launch.

Apple selected Baidu as its main partner last year, but the company's progress in developing models fell short of its standards, the report said.