Ant Unveils AI Language Model for Wealth Management and Insurance

(Bloomberg) — Ant Group Co. unveiled an artificial intelligence tool for use in wealth management and insurance services, joining the race for next-generation AI.

The Jack Ma-backed fintech company will use its financial large-language model to power two applications known as Zhixiaobao, which answers questions for customers, and Zhixiaozhu, an assistant for financial professionals, it said at the Inclusion Conference on the Bund in Shanghai.