Ant Group, backed by Jack Ma, launches AI services, including Zhixiaobao, to drive growth amidst regulatory challenges.
Ant Group, supported by Jack Ma, has launched several AI services, including the Zhixiaobao app, which helps users with daily tasks like ordering food and hailing taxis. This move aims to drive growth amidst a challenging regulatory environment that has impacted profits and limited online lending. Ant is also introducing additional AI applications for wealth and health management as it navigates a competitive tech landscape and seeks recovery from past setbacks.
September 05, 2024
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