Stock Rises After Apple and Alibaba Submit AI Features to China Regulator
AI-Generated Summary
The stock market saw significant gains after Apple and Alibaba submitted AI features for approval in China, while Baidu's shares remained stable.
The stock market experienced its largest increase since October following reports that Apple and Alibaba have submitted AI features for approval to China's cyberspace regulator. These claims were made by a tech outlet citing an unidentified source.
In contrast, shares of Baidu Inc., which is viewed as a potential provider of AI services, remained largely unchanged on the Hong Kong stock exchange.
