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.