On July 15, Alibaba's stock price on the U.S. stock market soared by 7.13%, climbing to $120.330 per share. This marked a fresh peak since June 9, propelling the company's total market capitalization to $288.4 billion. On that very day, the Cyberspace Administration of China made an announcement, revealing that Alibaba's QianWen AI technology would be seamlessly integrated into Apple's range of smart devices. This strategic move aims to offer Apple's vast user base in China an enhanced and intelligent user experience.
