Jack Ma-backed Ant touts AI breakthrough using Chinese chips
Jack Ma-backed Ant Group Co. used Chinese-made semiconductors to develop techniques for training AI models that would cut costs by ...
Tag: Ant Group (formerly Ant Financial)
Transactions: Fiserv rewards points available on Amazon
E-commerce giant Amazon and global payments provider Fiserv have teamed up to offer reward points for Amazon web and mobile ...
Ant Group-backed Kakao Pay seeks up to $1.4 billion in IPO
Kakao Pay Corp., South Korea’s largest online payment service with 36 million users, is seeking to raise as much as ...
Ant gets go-ahead for consumer lending unit in sign of thaw
China is allowing Jack Ma’s Ant Group Co. to start operations at its consumer finance company, the first sign of ...
Ant to be financial holding firm in overhaul forced by China
Jack Ma’s Ant Group Co. will drastically revamp its business, bowing to demands from Chinese authorities that want to rein ...
Ant, Grab win Singapore digital bank licenses along with Sea
Ant Group Co. and a venture led by Grab Holdings Ltd. won licenses to run digital banks in Singapore, paving ...
Jack Ma’s Ant set to raise $35 billion in biggest-ever IPO
Jack Ma’s Ant Group Co. is set to raise about $34.5 billion through initial public offerings in Shanghai and Hong ...
Jack Ma blasts global financial regulators’ curbs on innovation
Alibaba Group founder Jack Ma criticized global financial regulations for stifling innovation and urged China to seek a system that ...
U.S. explores restrictions on Ant Group, Tencent payment systems
The Trump administration is exploring restrictions on billionaire Jack Ma’s Ant Group as well as Tencent Holdings Ltd. over concerns ...
Credit Suisse invested $100 million in Ant, expects windfall
Credit Suisse Group AG invested nearly $100 million in Ant Group during its last funding round, according to people familiar ...
