Ant Group unveiled a finance-specific artificial intelligence (AI) model and started testing consumer and professional apps for the product, joining a crowded race to deploy AI in heavily regulated China, according to Reuters.
Ant said its new model had begun closed tests of the two apps on the company’s wealth management and insurance platforms.
The Zhixiaobao 2.0 app, designed to give consumers financial tips, can match the average financial professional in market analysis and reasoning capability, Ant said. It will be available once it receives regulatory approval.
Zhixiaozhu 1.0 can conduct investment analysis and information extraction, among other business tasks, for financial professionals, Ant said.
Banking 4.0 – „how was the experience for you”
„So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”
Many more interesting quotes in the video below:
