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China's Baidu has partnered with Lenovo to feature its generative AI technology on Lenovo's smartphones in its latest team up with a phone manufacturer.

Baidu CEO Robin Li said last November that firms now needed to focus on developing practical applications. China's top phone brands including Vivo, Xiaomi and Huawei are also working on their own on-device AI models but have not disclosed details.

Baidu partners with Lenovo to integrate its generative AI technology into smartphones, reflecting the growing trend of AI features in phones. Local companies in China, like Baidu, Alibaba, and Tencent, are capitalizing on the gap in the market created by unavailable US-based AI services. BIDU stock up 0.74% premarket.

(Bloomberg) -- Apple Inc.’s limited release of the Vision Pro headset is fostering a resale market that’s pricing the device far beyond its $3,500 starting price.Most Read from BloombergCitadel Among Hedge Funds That Got Morgan Stanley’s Block-Trading LeaksTesla Asks Which Jobs Are Critical, Stoking Layoff FearsChina Replaces Top Markets Regulator as Xi Tries to End RoutUS Commercial Real Estate Contagion Is Now Moving to EuropeHaley Loses Nevada Primary to ‘None of These Candidates’ OptionOn Ja

Apple's new headset is reselling for nearly double its $3.5K sticker price through unofficial channels outside of the United States.