Jack Ma-Backed Ant Makes Inroads on AI to Pave Tech Growth
- Ant starts offering AI-powered life assistant app Zhixiaobao
- Firm introduced an AI development platform and health manager
Attendees at the Ant Group booth at the World Artificial Intelligence Conference (WAIC) in Shanghai.
Photographer: Qilai Shen/BloombergThis article is for subscribers only.
Jack Ma-backed Ant Group Co. rolled out a package of artificial intelligence services, as the company seeks new avenues of growth following a multiyear government crackdown.
The fintech company said it will start offering an AI “life assistant” app called Zhixiaobao, which can help people order meals, hail taxis, book tickets and access other functions in Ant’s mobile payments service Alipay, which has 1 billion users. The new mobile app was introduced at the Inclusion Conference on the Bund in Shanghai on Thursday.