Tag: Ant Group

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Jing’an’s Shibei Park Leads Shanghai’s Digital Transformation Through Trusted Data Economy

Shibei Park in Jing'an District spearheads Shanghai's digital transformation through its trusted data economy, blockchain applications, and global collaboration.

China stocks mixed Hong Kong down traders await July Politburo meeting

China's stock market sees mixed results as computer stocks gain but consumer-related shares decline. Traders await signals from upcoming Politburo meeting.

Ant Group Develops AI Model to Power ChatGPT-Style Service

Ant Group is developing its own AI model to strengthen its chatbot service. The multimodal large language model internally named Zhenyi puts Ant Group in competition with other Chinese tech firms.

Jack Ma’s Ant Group Explores Chat-Based Services, Cisco Unveils Energy-Efficient AI Chips, YouTube Prepares for Shopping Channel Launch in South Korea: Top News Today

Ant Group invests in AI development to challenge Baidu, while Cisco launches power-efficient AI chips. Dollar Tree targets $10+ EPS, and GSK approves a vaccine for older adults. Get the latest tech updates and industry news here.

Jack Ma’s Ant Group Ventures into ChatGPT-Style Services, Takes on Baidu with AI Investment: Alibaba Group Holding

Ant Group is developing language model technology to power ChatGPT-style services, called Zhen Yi. This puts them in competition with Baidu and Tencent. Ant Group invested almost $2.8bn in R&D last year.

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