At the main forum of the 2024 World Internet Conference in Wuzhen, Alibaba Group CEO Wu Yongming delivered a speech on the company's strategy in the era of artificial intelligence. Wu Yongming emphasized that Alibaba is committed to doing two things: first, continuously improving artificial intelligence infrastructure and related support systems; second, adhering to open source and openness, collaborating with ecological partners to transform AI capabilities into productivity across various industries.

Ant Group announced the launch of three new AI products at the Bund Conference on September 5, 2024, including the independent AI application 'Zhixiangbao' for Alipay, aimed at providing services in travel, government affairs, healthcare, and financial management. Ant Group President Han Xinyi emphasized that the development of artificial intelligence is shifting from 'parameter competition' to 'application competition', stressing that Ant Group will continuously innovate AI applications to serve users with a focus on enhancing user experience. Zhixiangbao, as an independent AI application, will bring more convenience to users' lives.

At today's 2024 Bund Conference, Ant Group President Han Xinyi announced that the group will launch three new artificial intelligence products at this year's conference. These products are: the AI Life Manager 'Zhixiaobao', the AI Wealth Manager 'Maxicaicai', and an AI Health Manager that is still being named.

Indian fintech giant Paytm has announced layoffs of 1,000 employees, affecting its operations, sales, and engineering teams. The primary reason for this decision is the integration of artificial intelligence technologies to enhance operational efficiency by using AI-driven automation to eliminate repetitive tasks, thus reducing costs and improving efficiency. This is not the first time layoffs have occurred; back in 2021, Paytm had previously laid off some employees due to performance issues. The layoffs mainly affect the lending team, which, despite the strong performance of the loan business, accounts for more than 30% of the total workforce. In response to cost pressures, the company has decided to downsize.

The Alipay Medical Large Model has been launched! It has outperformed GPT-4 in both Chinese and English exams and has been implemented in first-tier hospitals in Jiangsu, Zhejiang, and Shanghai. This medical large model not only exceeds the level of GPT-4 in Chinese and English medical exams and benchmark tests, but also achieved first place on the A list and second place on the B list in the Chinese medical LLM evaluation list promptCBLUE. Even more surprisingly, its accuracy in identifying ima

On July 5th, at the 2024 World Artificial Intelligence Conference, Alipay launched one of the first domestic multimodal medical large models. This model, based on the multimodal capabilities of Anting, can directly understand and train multimodal data such as audio, video, images, and text. During the testing phase, the accuracy of recognition for medical reports, pharmaceuticals, and hair conditions reached over 90%, and the Chinese and English medical exams and benchmark tests reached or excee

Recently, Alibaba's Entertainment and Culture Division has launched its first makeup and costume design large-scale model called Shenni Ningchang. This model specializes in the creative design of traditional costumes for TV dramas, featuring three major functions: styling design, makeup and hair design, and pattern design. By setting conditions such as dynasty, gender, and identity, and inputting relevant keywords, a makeup and costume image can be generated in just 2 minutes. This technology ha

Recently, some users discovered that in addition to familiar service and mini program entries, Alipay's search results now prominently feature intelligent responses from a 'Smart Assistant' and simultaneously provide users with one-click access to available services. After announcing the launch of the Alipay 'Smart Assistant' in April and showcasing AI financial advisors and AI medical assistants at the '2024 Digital China Construction Summit' in May, Alipay is now promoting 'AI Search' in June.

The Alipay Mini Programs cloud service adds three major Cloud AI capabilities: text recognition, intelligent vision, and natural language processing. These support the intelligent recognition of text, images, and sentiment within Alipay Mini Programs and can be applied in various fields such as transportation, finance, and healthcare, helping to improve service efficiency and user experience while reducing companies' labor service costs.