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Ant Group launches AI model for financial apps

11 septembrie 2023

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.

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