Apple Stock Hits Record $325.4 on July 15 as Apple Intelligence Completes China AI Backup, Partners with Alibaba Qwen

According to BlockBeats, Apple stock rose nearly 3% and hit a record high of $325.4 during Wednesday's U.S. trading session (July 15), driven by Apple Intelligence completing its first China generative AI backup with the Cyberspace Administration of China. Apple Intelligence will integrate Alibaba Qwen and Baidu AI capabilities to provide Chinese users of iOS, iPadOS, macOS and visionOS with text and image understanding and content generation services. The approval marks the first completion of mobile on-device AI model service backup, with seven models approved including Apple Intelligence, Huawei Xiaoyi, OPPO AndesGPT, vivo Lanxin, Xiaomi澎湃 AI, Samsung Galaxy AI and Nubia Doubaobao.
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