Reports of a tie-up between Alibaba and Apple sent the Chinese firm's share price soaring this week. — Photography GREG BAKER/AFP
Alibaba's chairman said Thursday that the Chinese internet giant would supply artificial intelligence (AI) technology to power Apple's iPhones in the Asian nation.
Apple has suffered from a slump in iPhone sales in China and last year ceded its status as the country's best-selling smartphone brand to two local rivals.
