Apple's stock price hits another intraday record high, and Apple Intelligence has completed its generative AI filing in China for the first time.

According to BIT (bit.com) market data, during Wednesday’s U.S. trading session, Apple’s stock rose nearly 3% to hit a high of $325.4, notching another all-time record. The key driver behind the rally is Apple Intelligence’s successful completion of domestic generative AI filing in China, along with confirmation of its integration with Alibaba’s Qianwen large model. Alibaba’s U.S.-listed shares also gained over 6.6%, while Baidu’s U.S. stock climbed more than 3.3%, as market expectations for integration in China’s AI ecosystem heat up. In related background news, China’s Cyberspace Administration of China (CAC) today released filing details for seven on-device generative AI services for mobile phones, including Apple Intelligence, Huawei’s Xiaoyi large model, OPPO AndesGPT, vivo’s Blue Heart on-device large model, Xiaomi HyperAI, Samsung Galaxy AI, and nubia’s Doubao large model. This marks the first time on-device AI model services for mobile phones have completed official filing; prior filings by tech firms were primarily focused on cloud-based large models. Alibaba’s Qianwen will be integrated into Apple Intelligence to power text and image understanding, content generation, and other services for Chinese users of iOS, iPadOS, macOS, and visionOS, enabling direct access without app switching. Baidu’s AI capabilities will also be integrated into Apple Intelligence, marking Apple’s official launch of localized AI deployment in the Chinese market.