Apple Inc.'s iPhones will use Alibaba Group Holding Ltd.'s AI technology, the Chinese firm's chairman said, affirming reports the e-commerce pioneer had scored a coveted role in helping power the iPhone in the world's top mobile arena.

Alibaba and Apple’s partnership will lead to AI-powered features being integrated into iPhones for the Chinese market.

Apple is partnering with Alibaba to roll out artificial intelligence features for iPhone users in China, the Information reported on Tuesday, citing one person with direct knowledge of the decision.

Apple Inc.’s iPhones will use Alibaba Group Holding Ltd.’s artificial intelligence technology in China, the Chinese firm’s chairman said, affirming reports that the e-commerce pioneer had scored a coveted role in helping power the iPhone.

Key Takeaways Apple unveiled the iPhone 16e, a lower-cost model with artificial intelligence features.The 16e will start at $599, compared to the iPhone 16's $799 price tag, and become available starting Feb.

Apple will partner with Alibaba to offer AI features in China, the Chinese company's chairman said on Thursday, resolving months of

Apple selected Baidu as its main partner last year, but the company's progress in developing models fell short of its standards, the report said.

Apple has announced a new iPhone which brings artificial intelligence (AI) features at a lower cost than its flagship handsets. The iPhone 16e has the same processor as the larger iPhone 16, Apple said,

CBS News MoneyWatch correspondent Kelly O'Grady breaks down Apple's newest basic iPhone that will be available later this month. The 16e has AI tools and is a lower-cost option compared to the iPhone 16.