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.

As anticipated, Apple revealed the long-awaited iPhone SE refresh Tuesday. The fourth-generation device arrives three years after the last major update to

Apple Inc. introduced a new low-end smartphone called the iPhone 16e priced at $599, aiming to revive growth after a sluggish holiday season.