Ant receives Chinese govt’s nod to roll out AI services

Ant Group, Alibaba, Tencent, and Baidu are among the tech firms racing to launch ChatGPT-like products, capitalising on generative AI potential.

Bailing will be applied to Ant’s various services and help with innovation, Xu Peng, vice president of Ant Group said in a statement on Monday. Ant, the owner of Alipay, can leverage the popularity of the mobile payment service to gain more data and insight on user habits.

Source: Tech Daily Report (techdailyreport.net)

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