The frenzy over Chinese artificial intelligence is turning Alibaba Group Holding Ltd. into an investor favorite again, injecting new life into an e-commerce giant that had nearly sunk into obscurity following a years-long regulatory crackdown.

Alibaba has announced that it is partnering with Apple to provide artificial intelligence features to iPhones in China. Apple Intelligence features have not yet been enabled in China, which is thought to have contributed to the company’s local decline in smartphone sales.

Alibaba will partner with Apple to support iPhones' AI services offering in China, its chairman said on Thursday, a move likely to help the U.S. company ease falling smartphone sales in its key market.