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Introduction
Ant Group, a fintech firm backed by Chinese e-commerce giant Alibaba, has made a significant move into the world of artificial intelligence (AI) with the launch of its “life assistant” mobile app, Zhixiaobao. This innovative app aims to revolutionize the way users interact with their daily lives, making it easier to order meals, hail taxis, book tickets, and discover local dining and entertainment options.
China’s Ant Group Launches AI ‘Life Assistant’
Ant Group has announced the launch of its Zhixiaobao app, which is powered by AI and allows users to access a range of services, including ordering meals, hailing taxis, booking tickets, and discovering local dining and entertainment options. The app is designed to make users’ lives easier and more convenient, and is part of Ant Group’s efforts to harness the potential of AI to improve the user experience.
Unveiled in Shanghai on Thursday, the Zhixiaobao app is the latest move by Ant Group to expand its offerings in the AI market. The company has been investing heavily in AI research and development, and has already made significant strides in the field.
According to Ant Group president Cyril Han, the company is committed to harnessing AI’s potential to improve the user experience, ensuring that AI assistants like Zhixiaobao become valuable tools in everyday life for all.
A New Era for Ant Group
Since Ant Group’s initial public offering was scrapped by Chinese authorities in 2020, the company has been forced to overhaul its business model to satisfy financial regulators. Last year, it was fined 7.1 billion yuan (US$984 million) for “illegal” acts months after its billionaire founder Jack Ma relinquished control.
The Hangzhou-based company saw its profits fall 10 percent in the January-March quarter, Bloomberg News reported, adding that Ant’s valuation has fallen more than 70 percent since the aborted IPO.
AI-Powered Products
Ant Group has also announced AI-powered products for merchants, healthcare service users, and insurance companies. The company has been investing heavily in AI research and development, and has already made significant strides in the field.
At the Shanghai event, the firm also announced AI-powered products for merchants, healthcare service users, and insurance companies.
Conclusion
In conclusion, Ant Group’s launch of Zhixiaobao marks a significant move into the world of AI, and demonstrates the company’s commitment to harnessing the potential of AI to improve the user experience. With its range of AI-powered products and services, Ant Group is poised to revolutionize the way users interact with their daily lives.
Frequently Asked Questions
Q1: What is Zhixiaobao?
Zhixiaobao is a mobile app powered by AI that allows users to access a range of services, including ordering meals, hailing taxis, booking tickets, and discovering local dining and entertainment options.
Q2: What is Ant Group’s commitment to AI?
Ant Group is committed to harnessing AI’s potential to improve the user experience, ensuring that AI assistants like Zhixiaobao become valuable tools in everyday life for all.
Q3: What are the benefits of using Zhixiaobao?
Using Zhixiaobao can make users’ lives easier and more convenient, allowing them to access a range of services with just a few taps on their smartphone.
Q4: Is Zhixiaobao available for download?
Yes, Zhixiaobao is available for download on both iOS and Android devices.
Q5: What is the future of AI at Ant Group?
Ant Group is committed to continuing to invest in AI research and development, and plans to roll out a range of new AI-powered products and services in the future.
