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
Ant Group, the fintech affiliate of Alibaba Group Holding, will kick off a new round of dividend payments to all eligible shareholders and employees who hold equity incentives, according to reports this week by several state-owned Chinese media. The company’s new dividend distribution plan, which was approved during a recently convened shareholders meeting, was “formulated … Read more
The fictional Jarvis – an acronym that stands for “Just a Rather Very Intelligent System” – is a sophisticated AI assistant that made its debut in the 2008 film Iron Man, in which it manages and operates the internal systems of Stark’s laboratory, home and superhero armours. Ant Group, the fintech affiliate of Alibaba Group … Read more
