Ant International drives AI in cross-border payments to boost global expansion

Ant International drives AI in cross-border payments to boost global expansion

Singapore-headquartered Ant International said it has developed an AI model that predicts currency exchange rates on an hourly basis for both inbound and outbound transactions, which would help businesses reduce transaction costs and better allocate resources, the company said in a statement on Thursday. “Integration of AI into the processing of cross-border transactions is of … Read more

Donald Trump’s invitation to Chinese carmakers might boost US transition to EVs

Donald Trump’s invitation to Chinese carmakers might boost US transition to EVs

While the former president has previously only taken hits at EVs – saying that they will “kill” the US auto industry and that he would rescind federal support for them – he now strikes a more flexible tone. They’re “incredible” but “not for everybody”, he said, after meeting Tesla’s chief executive Elon Musk. For Trump, … Read more