Jack-Ma Backed Ant Makes Inroads on AI to Pave Tech Growth

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Jack-Ma Backed Ant Makes Inroads on AI to Pave Tech Growth

Ant Group Co., supported by Jack Ma, has launched a suite of AI services aimed at fostering growth after facing regulatory challenges. The fintech company introduced an AI life assistant app named Zhixiaobao, designed to streamline everyday tasks such as meal ordering, taxi hailing, and ticket booking. This app integrates with Alipay, which boasts a user base of 1 billion, enhancing its functionality and user experience.

The unveiling of Zhixiaobao at the Inclusion Conference in Shanghai marks a significant step for Ant Group in the competitive AI landscape. By leveraging AI technology, the company aims to diversify its offerings and regain momentum in the market. This initiative reflects a broader trend among tech firms to innovate and adapt in response to regulatory pressures and evolving consumer needs.

• Ant Group launches AI life assistant app Zhixiaobao for user convenience.

• The app integrates with Alipay, enhancing its service offerings.

Key AI Terms Mentioned in this Article

AI life assistant

Zhixiaobao serves as an AI life assistant, helping users with meal orders, taxi hailing, and more.

AI development platform

Ant Group introduced an AI development platform to support its new services and enhance technological capabilities.

Companies Mentioned in this Article

Ant Group

Ant Group is focusing on AI to drive growth and innovation in its service offerings.

Alipay

Alipay's integration with the new AI app Zhixiaobao enhances its functionality for a billion users.

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