Ant Group deepens tech focus by unveiling Beijing headquarters
5 months ago

Ant Group deepens tech focus by unveiling Beijing headquarters

China Daily  

An Ant Group's company logo is seen in this undated picture. The financial technology company Ant Group has taken another step to enhance its technological capabilities with the official launch of its Beijing-based campus, T-Space. The move marks the formal establishment of Ant Group's Innovation and Technology Headquarters in Beijing, signifying a major move in the company's accelerated expansion in the technology sector. At a media briefing on Aug 14, Ant Group's Chief Technology Officer He Zhengyu said the relocation of Ant Group's Beijing headquarters from the Central Business District, or CBD, to Zhongguancun carried significant symbolic meaning. At the T-Space launch ceremony, Chairman and CEO of Ant Group Eric Jing said Ant Group will fully leverage Beijing’s advantages in talent and technological innovation, increase investment, and usher in a new chapter for Ant Technology.

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Ant Group to hike capital outlay for AI
4 months, 3 weeks ago

Ant Group to hike capital outlay for AI

China Daily  

A view of the booth of Ant Group during an expo in Beijing. HUANG YONG/FOR CHINA DAILY Ant Group will step up investments in artificial intelligence and data elements in the next 10 years, with a key focus on distributed database, blockchain, privacy computing and green computing technologies, and provide AI-powered intelligent services for more enterprises, according to the Chinese …

China tells Ant Group to quickly overhaul its business
4 years ago

China tells Ant Group to quickly overhaul its business

CNN  

Hong Kong CNN Business — China has ordered the country’sbiggest online payments platform to overhaul large swaths of its operations as regulators continue their efforts torein in some of the most powerful Chinese internet companies. Financial regulators outlined a laundry list of expectations for Ant Group executives in a meeting on Saturday, according to Pan Gongsheng, deputy governor of the …

China orders Ant Group to rectify businesses
4 years ago

China orders Ant Group to rectify businesses

The Hindu  

A view of the signage of Ant Group in the headquarters compound of the fintech giant in Hangzhou in eastern China's Zhejiang Province. File Chinese regulators have ordered Ant Group, the world’s largest financial technology company, to rectify its businesses and comply with regulatory requirements amid increased scrutiny of anti-monopoly practices in the country’s internet sector. The meeting came after …

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