Jack Ma-Backed Ant’s Profit Flattened After AI, Expansion Costs
Ant Group Co.'s quarterly profit barely grew as the company increased AI investment in healthcare, large language models and payment services.
1 source
Daily brief
Get tomorrow's AI brief in your inbox
More stories today
- Humyn Labs builds platform to capture human experience data for robotics
- Twin1 raises $20m seed to build AI digital twins for lawyers
- US trade talks fuel worry in Canada over tech and AI rules
- Quanta podcast probes AI reasoning with Melanie Mitchell
- AI data center opposition becomes bipartisan rallying cry before midterms