Sources: Anthropic moves to close loopholes that let Chinese companies like Ant use its models via workarounds such as cloud providers and overseas subsidiaries
Financial Times:
Sources: Anthropic moves to close loopholes that let Chinese companies like Ant use its models via workarounds such as cloud providers and overseas subsidiaries
Engineers are still finding ways to use AI models despite stringent restrictions. Anthropic is moving to shut loopholes …
Ant Group reports 30M MAUs for its AI health chatbot Ant Afu, which integrates appointments, test analysis, and insurance payments within Alipay's ecosystem
Ant's health chatbot has become a top downloaded app in China as users seek personalized care they can't get from the overburdened hospitals.
A term sheet shows Ant will sell its remaining 5.84% Paytm stake via block deals that could total ~$433.72M; Ant sold a 4% stake in May and 10.3% in August 2023
Ananta Agarwal / Reuters :
Since DeepSeek-R1's debut, Chinese companies like Baidu, DeepSeek, Tencent, Ant, and Alibaba have been flooding the market with low cost AI services and models
- China firms release 10 major releases or updates in two weeks — Low-cost, open source models may undercut Valley firm profits
Ant President Cyril Han will succeed Eric Jing as CEO on March 1; Jing will remain company chairman and Han, who is also the CFO, will continue reporting to him
Yongchang Chin / Bloomberg :
Ant Group spent a record ~$2.9B on research in 2023, as the Alibaba affiliate develops its BaiLing LLM; Ant and affiliate MYbank served 87M businesses by 2023
Xinyi Luo / Bloomberg :
People's Bank of China lists Ant Group's Alipay as having no controller, as Ant finished removing controlling stakeholders almost a year after Jack Ma's promise
Bloomberg :
People's Bank of China lists Ant Group's Alipay as having no controller, as Ant finished removing controlling stakeholders almost a year after Jack Ma's promise
Bloomberg :
People's Bank of China lists Ant Group's Alipay as having no controller, as Ant finished removing controlling stakeholders almost a year after Jack Ma's promise
The bank now lists Ant's Alipay as a firm without an actual controller. — Ma, co-founder of Alibaba Group Holding Ltd. …