Alibaba Group is trading 7.3% up now at ARS 20,850 after announcing a deepened AI partnership with smartphone maker Honor to develop an agentic AI operating system for smart devices.
- The new AI-driven operating system is scheduled for a formal unveiling at the upcoming WAIC conference in Shanghai.
- Investor sentiment is further bolstered by broader strength in the technology sector, driven by cooling inflation and continued AI market optimism.