Alibaba launches new Qwen3 AI models for Apple's MLX architecture
BEIJING (Reuters) -China's tech giant Alibaba has launched new Qwen3 artificial intelligence models for Apple's MLX architecture, Alibaba said in a statement on Monday.
The new models would be able to run on a range of Apple devices, including iPhone, iPad, MacBook and Mac, Alibaba said in a post on Wechat.

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Apple is reportedly considering the acquisition of Perplexity AI
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Could Nvidia's Projected 9% Annual Returns Through 2030 Be the Smartest Risk-Adjusted Play in Tech?
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But Nvidia isn't stopping at software dominance. The company has systematically expanded into every layer of the AI stack. DGX Cloud lets companies rent AI supercomputers by the hour, democratizing access to massive computing power. New enterprise platforms help businesses deploy AI without armies of data scientists. The Omniverse platform powers everything from factory simulations to digital twins of entire cities, while the majority of automakers now rely on Nvidia's DRIVE platform for autonomous vehicle development. This isn't diversification for its own sake. Each new product strengthens the core GPU business. A company using Nvidia for robotics simulations naturally gravitates toward Nvidia chips for its data centers. The network effects compound with each customer. Yes, 9% annual returns sound pedestrian compared to Nvidia's recent rocket ride. 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Right now, AI remains largely confined to tech giants and cutting-edge enterprises -- not because of cost, but because of complexity. Nvidia's push to simplify deployment through easier tools, pre-trained models, and plug-and-play solutions removes the technical barriers. When every small business can implement AI without a team of engineers, the addressable market doesn't just grow -- it explodes. Think of local governments optimizing traffic patterns, small manufacturers predicting equipment failures, or family doctors using AI diagnostics. The market expansion opportunity dwarfs any competition concerns. Yes, Nvidia trades at a forward price-to-earnings (P/E) ratio of 34 -- a premium by traditional standards. And yes, Advanced Micro Devices is gaining ground while cloud giants like Microsoft and Alphabet are building their own AI chips. 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Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 9, 2025 Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. George Budwell has positions in Apple, Microsoft, and Nvidia. The Motley Fool has positions in and recommends Advanced Micro Devices, Alphabet, Apple, Microsoft, and Nvidia. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy. Could Nvidia's Projected 9% Annual Returns Through 2030 Be the Smartest Risk-Adjusted Play in Tech? was originally published by The Motley Fool Sign in to access your portfolio
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The Vanguard Growth ETF has been a strong performer over the years. However, the Invesco QQQ Trust's performance has been even better, and its holdings are less top-heavy. That said, investing consistently in these exchange-traded funds is just as important as picking the right one. 10 stocks we like better than Invesco QQQ Trust › The Vanguard Growth ETF (NYSEMKT: VUG) is one of the most popular exchange-traded funds (ETFs) around, and it's a great choice for many investors. The ETF tracks the performance of the CRSP US Large Cap Growth Index, which includes stocks representing the growth side of the S&P 500. Notably, the ETF holds around 166 stocks, while its value counterpart, the Vanguard Value ETF (NYSEMKT: VTV), carries 331 stocks, since fewer large-cap stocks are classified as growth stocks. Stocks will also sometimes bounce between the growth ETF and the value ETF. 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Costco 2.7% Note: VUG holdings are as of May 31, and QQQ holdings are as of June 17. Growth investors can't go wrong with either the Vanguard Growth ETF or the Invesco QQQ Trust, although I prefer the latter due to its track record of outperformance and its currently being less top-heavy. That said, regardless of which ETF you pick, the key to creating long-term wealth will be consistently investing in it using a dollar-cost averaging strategy. In the long run, this is just as important -- or perhaps even more so -- than trying to pick which is the better ETF right now. Before you buy stock in Invesco QQQ Trust, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Invesco QQQ Trust wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $664,089!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $881,731!* Now, it's worth noting Stock Advisor's total average return is 994% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 9, 2025 Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Geoffrey Seiler has positions in Alphabet, Invesco QQQ Trust, and Vanguard S&P 500 ETF. The Motley Fool has positions in and recommends Alphabet, Amazon, Apple, Costco Wholesale, Meta Platforms, Microsoft, Netflix, Nvidia, Tesla, Vanguard Index Funds - Vanguard Growth ETF, Vanguard Index Funds - Vanguard Value ETF, Vanguard S&P 500 ETF, and Visa. The Motley Fool recommends Broadcom and recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy. The Vanguard Growth ETF Is a Great Choice for Most, But I Like the Invesco QQQ Trust Better was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data