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Apple’s Chinese AI Patent Loss Raises Questions For Growth And Valuation
China's Supreme People's Court has issued a final ruling rejecting Apple's bid to invalidate key AI patents held by Xiao-I Corporation.
The decision makes Xiao-I's AI patents fully enforceable against Apple in China, with no further appeals available to the company.
Xiao-I is now positioned to pursue substantial damages and licensing claims tied to Apple's AI features in the Chinese market.
Apple, NasdaqGS:AAPL, is facing this legal setback while its shares trade at $258.9, with a return of...