Ant Group profit climbs 10% as Jack Ma leans into AI and overseas markets

Ant Group booked a 10% jump in profit for the quarter ending June 30, after ramping up investments in artificial intelligence, robotics, and overseas tech infrastructure. The Hangzhou-based firm, which runs China’s go-to payments app Alipay, added 2. 7 billion yuan ($381 million) in profit to Alibaba’s bottom line. With Alibaba owning one-third of the company, […] source: https://www.cryptopolitan.com/ant-group-profit-climbs-10/