Tencent Stock Gains After Report Of Early AI Talks With Apple. Baidu Stock Falls.

December 20, 2024

Apple is reportedly in talks with Chinese technology firms Tencent and the privately-held ByteDance about using the companies’ AI models for iPhones in China. Tencent stock gained following the news. Apple has already started integrating AI features into iPhones in the U.S. using OpenAI’s ChatGPT models.

 

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