Shares of Chinese e-commerce giant Alibaba surged in Hong Kong on Wednesday after The Information reported the company is working with Apple to introduce AI features to iPhone users in China.

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 is partnering with Alibaba to develop and roll out AI features for iPhone users in China, The Information reported on Tuesday, citing one person with direct knowledge of the decision. Apple and Alibaba did not immediately respond to Reuters' requests for comment.