Zhejiang charts AI agent future as province aims for trillion-yuan industry
“Opportunities in this era are unprecedented, but those who fail to advance will fall behind,” Zhou, former provincial science and technology chief, said.
Tag: Agentic AI
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Alipay says AI agent payments hit 300 million transactions
The company announced the milestone on May 26 at its AI payment ecosystem conference, describing the platform as the world’s first large-scale commercial AI-native payment infrastructure.
Ant Group, Chinese AI association launch AGI research fund
Selected projects can receive as much as 300,000 yuan ($44,242) each for one-year collaboration cycles, with strong-performing projects eligible for continued funding.
Alibaba Cloud unveils AI overhaul with new chip and Qwen model
The upgrade spans everything from semiconductors and cloud architecture to large language models and inference systems.
Fliggy rolls out AI hotel assistant to more than 110,000 merchants
The company said the AI achieved a 99% accuracy rate in identifying merchant requests and resolved more than 95% of submitted issues.
Qwen sees AI restaurant booking usage jump 200% in a day
The rapid uptake of the service reflects a broader shift in AI services from chatbot-style interaction toward task execution.
BMW unveils AI cockpit agent in China with Alibaba partnership
The new cockpit system moves beyond voice recognition to execute complex user requests, marking what the companies describe as a transition toward “agentic AI.”
Qwen launches AI ‘tasking’ trial with recharge and ride-hailing experiences
The Yangtzeer’s reporter tested the service, successfully topping up 50 yuan via voice command and receiving 12 yuan in ride-hailing credit.