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Jack Ma-backed Ant Group's profit falls 79% due to AI and healthcare costs

Ant Group, backed by Jack Ma, reported a 79% drop in profit, attributed to significant investments in AI and rising healthcare-related expenses.

13 May, 10:12 — 13 May, 10:12
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bloombergHigh96d ago

Jack Ma-Backed Ant’s Profit Fell 79% on AI, Health Care Costs - Bloomberg.com

Jack Ma-Backed Ant’s Profit Fell 79% on AI, Health Care Costs  Bloomberg.com

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