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

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It plans to leverage Alipay’s mobile payment service popularity to gain data and insight on user habits.

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.

 

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