Ant Group to hike capital outlay for AI


Technology is an important strategic direction for Ant. — China Daily

BEIJING: Ant Group will step up investments in artificial intelligence (AI) and data elements in the next 10 years, with a key focus on distributed database, blockchain, privacy computing and green computing technologies.

The Chinese financial technology company will also provide AI-powered intelligent services for more enterprises.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

OCBC to offer physical gold trading, storage in Singapore
Indonesia's FX reserves slide to two-year low, sparking concern�
US allegations of forced labor refuted
Chipmakers drag South Korea, Taiwan stocks lower as investors unwind AI bets
Liftech to raise RM23mil from ACE Market IPO
Yuan brushes off dollar strength, trade data eyed
Supply crisis to push costs beyond oil prices, whole-of-nation response needed
How a few AI chip giants warped Asia's stock picking game
Bursa Malaysia falls at midday as regional sell-off weighs
Sirim appoints Nik Sazali Nik Hussin as president and group CEO

Others Also Read