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

Bloomberg Tech · May 13, 2026, 10:12 AM · Also reported by 1 other source

Ant Group Co.’s quarterly profit continued to decline after the company increased investment in artificial intelligence technology for its health care, large language model and payment services.

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

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