Apple closed up 1.76% at an all-time high, with Apple Intelligence's AI localization in China taking effect

Odaily reported that Apple's stock closed up 1.76% at $333.26, setting a new all-time high, and edged up another 0.47% in after-hours trading. On July 15, Apple Intelligence completed its first filing for generative AI in China. Alibaba's Qwen will be integrated as an AI capability within Apple Intelligence, providing text and image understanding, content generation, and other services for Chinese users of iOS, iPadOS, macOS, and visionOS. Baidu's AI capabilities will also be integrated into Apple Intelligence, marking the official implementation of Apple's AI localization strategy in the Chinese market.