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The Latest Breaking News from Ant Group

Alibaba Q2 Preview: Qwen's 10 Million Milestone Highlights 'Historic Opportunities' In AI, Cloud

Chinese e-commerce giant Alibaba Group Holding (NYSE:BABA) could highlight the growth of its AI products and new initiatives when it reports second-quarter financial results on Tuesday before the market opens.

Benzinga

Jack Ma Shows Up At Ant Group As New AI Assistant Drops

Jack Ma is quietly reasserting his influence over Alibaba Group Holding Limited’s (NYSE:BABA) artificial intelligence ambitions, turning up at Ant Group’s campus as the firm rolls out a new multimodal assistant called LingGuang.

Benzinga

Tech Brief (Nov. 10): China Lifts Ban on Exports of Some Dual-Use Items to U.S.

Ant Group promotes its healthcare division to a core business segment, China agrees to Netherlands’ request to send officials for talks on the Nexperia issue

Caixin Global

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Alibaba's Ant Group Open-Sources dInfer, Claims AI Framework Outpaces Nvidia

Alibaba (NYSE:BABA) fintech affiliate Ant Group has open-sourced dInfer, an inference framework for diffusion language models, claiming it can make AI systems more efficient than Nvidia's (NASDAQ:NVDA) framework.

Benzinga

Top US tech companies are holding developers in closed-source AI ecosystems, Ant Group says

China hopes to tackle UK dominance by open-sourcing its models, while US companies keep them under wraps.

TechRadar

Your Next Roommate Might Be A Robot From Jack Ma's Ant Group

Ant Group, backed by Jack Ma, entered the humanoid robot race by unveiling its first model, the R1, at the 2025 Inclusion Conference on the Bund in Shanghai.

Benzinga

Alibaba Unites Its Empire To Fight Back Against Meituan

Alibaba Group (NYSE:BABA) and its fintech affiliate Ant Group, co-founded by Jack Ma, have launched a unified strategy to take on Meituan (OTC:MPNGY) in China’s instant commerce market.

Benzinga

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Finance companies fight back against AI deepfakes, with over 70% of new enrollment attempts to some firms being fake

While AI presents an opportunity for financial firms like Ant International, it also poses risks.

Fortune

Stablecoins Are Eating The Dollar's Lunch—Or Are They?

The U.S. must ensure that stablecoin issuers are transparent, accountable, and properly integrated into the broader financial system. That includes rigorous audits, robust liquidity protections, and seamless integration with banking regulation.

International Business Times

Circle Reportedly Integrating USDC With Jack Ma's Ant Group

Ant Group, the Chinese fintech powerhouse backed by Jack Ma, is reportedly planning to integrate Circle's USDC (CRYPTO: USDC) stablecoin into its global blockchain platform.

Benzinga

China's Ant Group Boosts R&D Spending To Record $3.26 Billion In 2024 Amid AI Push

Chinese fintech giant Ant Group disclosed on Monday that it invested a record 23.45 billion yuan ($3.26 billion) in research and development during 2024, marking the fourth consecutive year of increased RD spending since 2021.

Benzinga

China has a big red button that hurts Elon Musk. But will they press it?

Tesla’s dependence on its Shanghai ‘gigafactory’ gives Chinese officials enormous leverage over one of Donald Trump’s key backers — which could prove an asset in the trade war, writes Io Dodds

The Independent UK

Advanced Micro Devices Can Double in Price: Here’s Why

Advanced Micro Devices is set to regain lost share from NVIDIA as companies lean into its lower-cost, better-performing GPU and CPU products.

MarketBeat

How Chinese AI Companies Are Cutting Costs and Competing with Western Giants

Chinese AI companies are often in the headlines due to their low-cost AI models. Now, a new Chinese company, Ant Group, backed by Alibaba founder Jack Ma,

Geekflare

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Tom’s Hardware

Ant Group reportedly reduces AI costs 20% with Chinese chips

Ant Group is utilizing Chinese semiconductors to enhance the efficiency of its artificial intelligence development.

Fortune

Xi Jinping’s U-turn on tech

Also: Tisch family appoints new Loews CEO, Meta will take EU complaints to Trump.

The Independent UK

China's Xi promises policy stability at meeting with business leaders, including Alibaba's Jack Ma

China’s President Xi Jinping has met with private sector business leaders, offering them assurances that policies regarding the private sector would not change, state media reported

Benzinga

Jack Ma Makes Rare Appearance At Alibaba Fintech Event Stresses On AI Revolution

Jack Ma Returns to Ant Group's 20th Anniversary Celebration After Three Years Jack Ma made his first public appearance at Ant Group's 20th anniversary event, marking his return after the 2020 IPO setback. He expressed optimism about the future of Ant Group, which is pushing forward with AI innovations and…

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Benzinga

The Fall of Ant Group's IPO: Alibaba's Missteps, Legal Battles, and a $433.5M Settlement

Overview

The Conversation

Is life getting better for China’s tech billionaires?

According to the latest Bloomberg Billionaires Index, Pony Ma, co-founder of Tencent Holdings, is once again China’s richest person, now with a net worth of more than A$65 billion, placing him 27th globally.

Caixin Global

Ant Group Launches AI-Powered Life Assistant App

The Chinese fintech firm unveiled the Zhixiaobao app, which can help users with tasks such as ordering food, hailing taxis and booking tickets

Evening Standard

Billionaire Jack Ma-owned London fintech WorldFirst faces tribunal over harassment claim

An employee of billionaire Jack Ma-owned WorldFirst is taking it to an industrial tribunal over claims of harassment and discrimination after the London fintech was contacted by the information regulator over issues with data practices, the Standard can reveal.

Caixin Global

Shanghai Composite Index Fell 0.95% on Friday

Shenzhen Component Index closed down 1.21%

Top News

Jack Ma's Journey: From Humble Beginnings To Billionaire Success

Explore the inspiring journey of Jack Ma, from humble beginnings to building a business empire, emphasizing resilience, innovation, and philanthropy.

Caixin Global

Shanghai Composite Index Rose 1.29% on Tuesday

Shenzhen Component Index closed up 2.24%

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