▾ G11 Media Network: | ChannelCity | ImpresaCity | SecurityOpenLab | Italian Channel Awards | Italian Project Awards | Italian Security Awards | ...
InnovationOpenLab

Ant Group Unveils AI Financial Manager at Shanghai’s INCLUSION Conference

Ant Group today unveiled its AI financial manager, Maxiaocai, at the 2024 INCLUSION·Conference on the Bund in Shanghai. The AI personal financial manager can be accessed via the Alipay app and the An...

Business Wire

SHANGHAI: Ant Group today unveiled its AI financial manager, Maxiaocai, at the 2024 INCLUSION·Conference on the Bund in Shanghai. The AI personal financial manager can be accessed via the Alipay app and the Ant Fortune app. The launch of Maxiaocai follows the introduction of the company’s AI life assistant, Zhixiaobao, and AI Healthcare Manager at the event, highlighting Ant Group's latest progress in applying AI technology in consumer-facing use cases.

Maxiaocai leverages Ant Group’s self-developed foundation model capabilities and partners with financial institutions to deliver expert-level, customized financial services for users. It offers tailored market insights, simplifies complex financial concepts, and provides personalized investment advice. For instance, Maxiaocai can swiftly generate visual summaries of company financial reports, highlighting key details for users, and breaking down intricate financial terms into easy-to-understand language.

"Financial products and services have traditionally demanded a high level of expertise, often making them costly and difficult to access. Today, AI can help make these services more accessible for everyone," said Wang Jun, President of Ant Fortune. "The successful delivery of AI-driven financial services depends on a robust ecosystem involving financial institutions, service providers, and content creators. Moving forward, closer collaboration across the industry will be crucial in enhancing the accessibility of financial services."

Ant Group has been public-testing the AI financial manager since early 2024. As of August 2024, it has attracted 70 million monthly active users, with 45% of them living in cities below the third tier. Over 200 financial institutions, including asset management companies, securities firms, financial media, and more than 15,000 financial content creators, are now connected to the platform.

"By putting users at the center, AI helps investors organize the information they need and delivers personalized services," said Wang Xiaohang, Vice President of Ant Group, CTO of Ant Fortune and Ant Insurance. "Generative AI technology not only enhances how investors interact with financial management services but also transforms the services themselves. By leveraging AI models tailored to professional service sectors, and with the model's powerful capabilities in general knowledge, understanding, and communication, Maxiaocai can seamlessly integrate financial products, market information, and other services on the Ant Fortune platform, making digital professional financial services accessible to all."

About Ant Group

Ant Group aims to build the infrastructure and platforms to support the digital transformation of the service industry. Through continuous innovation, we strive to provide all consumers and small and micro businesses equal access to digital financial and other daily life services that are convenient, sustainable and inclusive.

For more information, please visit our website at www.antgroup.com or follow us on Twitter @AntGroup.

Fonte: Business Wire

If you liked this article and want to stay up to date with news from InnovationOpenLab.com subscribe to ours Free newsletter.

Related news

Last News

Dronus gets a strategic investment by Eni Next

Eni's VC company invest in the Italian drone company to develop new solutions for industrial plants monitoring

Technology Reply wins the 2024 Oracle Partner Awards - Europe South Innovation

Oracle recognizes Technology Reply’s ability to develop and deliver pioneering solutions through partnering with Oracle

25 Italian Startups Will Be Present at Expand North Star 2024

Scheduled for October, the world's largest startup event will bring together more than 2,000 exhibitors in Dubai, UAE

Partitalia: Italian IoT innovation in San Francisco

The Italian IoT company is in the US for the second phase of CALL4INNOVIT

Most read

Dronus gets a strategic investment by Eni Next

Eni's VC company invest in the Italian drone company to develop new solutions for industrial plants monitoring

Technology Reply wins the 2024 Oracle Partner Awards - Europe South Innovation

Oracle recognizes Technology Reply’s ability to develop and deliver pioneering solutions through partnering with Oracle

Red Hat Recognized as a Leader and Furthest in Vision in 2024 Gartner®…

Red Hat, Inc., the world's leading provider of open source solutions, today announced that Red Hat has been positioned by Gartner as a Leader and furthest…

Skyloom Passes Optical Communication Terminal Testing Milestones, Moves…

Skyloom Global Corp., a U.S. innovator in Space data transport services and laser communication technologies, is proud to announce the successful completion…

Newsletter signup

Join our mailing list to get weekly updates delivered to your inbox.

Sign me up!