
Ant Group Unveils Revolutionary AI Technology Powered by Chinese Chips
In a significant advancement in artificial intelligence, Ant Group, the financial technology giant co-founded by Jack Ma, has announced a breakthrough that showcases the potential of AI developed using domestic Chinese semiconductor technology. This development is poised to bolster China's goal of becoming self-reliant in critical technology sectors and further positions Ant Group at the forefront of innovation within the tech industry.
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Jack Ma Advocates for AI Advancement in Uncommon Public Appearance Following Ant Group Scrutiny
In a rare public speech, Jack Ma, the co-founder of Alibaba Group, has taken center stage, advocating for the transformative power of artificial intelligence (AI) in business and society. This event marks one of Ma's few appearances since China’s regulatory crackdown on his fintech company, Ant Group, which was once poised to become the world’s largest IPO. His remarks resonate amid China's renewed focus on fostering technological innovation while maintaining regulatory oversight.
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Jack Ma's Ant Group Reports Stunning 193% Surge in Profit Amid Post-Crackdown Recovery
In a striking rebound from the regulatory clampdown that shook China's fintech industry, Ant Group, the financial technology giant founded by billionaire Jack Ma, has announced a remarkable 193% increase in its profit for the latest quarter. This sharp rise in earnings signals a significant recovery for the company after navigating through a challenging period marked by government scrutiny and strict regulatory measures.
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