Jack Ma Advocates for AI Advancement in Rare Appearance Post-Ant IPO Suspension

Reported 3 days ago

In a rare speech marking Ant Group's 20th anniversary, Jack Ma emphasized the potential of artificial intelligence to revolutionize the fintech sector and acknowledged the challenges faced by the company since a government crackdown led to the halt of its IPO in 2020. Ma, co-founder of Ant and Alibaba, expressed optimism about the next two decades, highlighting the importance of embracing new technological opportunities. Additionally, Ant Group announced the promotion of Cyril Han to CEO, effective March 2025.

Source: YAHOO

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