Ant Unveils AI Language Model for Wealth Management, Insurance

Ant Group Co. has revealed a new artificial intelligence tool for use in wealth management and insurance services, joining the competition for advanced AI. The financial large language model will be used to power two applications, Zhixiaobao and Zhixiaozhu, which provide customer support and assist financial professionals respectively.

The announcement was made at the Inclusion Conference in Shanghai. This move places the Jack Ma-backed fintech company in direct competition with other tech giants such as Baidu and Tencent in the race for AI dominance.

Key takeaways

Ant Group Co. has introduced an artificial intelligence tool for use in wealth management and insurance services.
The company is competing with other tech giants like Baidu and Tencent in the race for next-generation AI.
The AI tool will power two applications: Zhixiaobao, which answers customer queries, and Zhixiaozhu, an assistant for financial professionals.
The announcement was made at the Inclusion Conference on the Bund in Shanghai.

Ant Unveils AI Language Model for Wealth Management, Insurance

Key takeaways

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