$Alibaba(BABA)$ There's been a noticeable shift with Apple re-engaging key supply chain partners in China. They're reportedly trying to source DRAM directly from CXMT and NAND from YMTC. On the software side, they've made Alibaba's Qwen AI model available to users in China as part of Apple Intelligence.
Now, an interesting bit of news suggests Apple has hired the original Alibaba team that created the open-source version of Qwen. This looks like a move to bolster their own Siri AI offering specifically for the Chinese market.
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