Shared Machine Learning: Ant Financial’s Solution For Data Privacy
One of the world’s largest financial companies, Alibaba subsidiary Ant Financial, recently introduced Shared Machine Learning (SML) as their solution for data privacy.
Tag: Ant Financial
IPO Season: China’s First Wave of AI Companies Are Going Public
Yi Wang will never forget Thursday, September 27, 2018. That’s the day that Liulishuo, the AI-driven English tutoring startup he founded in 2012, went public on the Nasdaq (NYSE:LAIX), raising US$72 million under an estimated market cap of US$600 million.
Fintech’s New Big Player: JD Finance Adds $2B, Hits $26-30B Valuation
According to a China Securities Journal report, the China International Capital Corporation (CICC) and China’s largest food processor, manufacturer and trader China National Cereals, Oils and Foodstuffs Corporation (COFCO) are looking to invest US$2 billion (CNY 13 billion) in JD Finance, the fintech spinoff of online retailer JD.com.
Fintech Surge: S&P Global Acquires Kensho for Record $550 Million; Ant Financial Launches Pre-IPO Funding
S&P Global has signed an agreement to acquire Kensho, a Cambridge, MA-based AI company that uses data analytics and machine learning algorithms to find correlations and arbitrage opportunities in large-scale financial datasets.
Futuristic & RADIAnt Win ATEC 2017 Developer Challenge
At this year’s ATEC Developer Challenge, Futuristic won Best Creative Idea Award, while RADIAnt won Best Social Value Award.