Ant Group led an investment in a Tsinghua-affiliated AI startup

What happened: Beijing AI finance startup Shangjian Technology announced a Series C round led by Ant Group, with Dongfang Guoxin and Qiaobei Capital participating. Ant Group will work with the company on AI financial agent R&D and domain model training. Key numbers: Round amount not disclosed. Founded 2017. Why it matters: The deal may give Ant Group, previously focused on C-end investors, a B-end asset management and research foothold. The report notes the sector still faces data compliance limits, model hallucination, and paid conversion issues.

Beijing AI finance startup Shangjian Technology announced a Series C round led by Ant Group, with Dongfang Guoxin and Qiaobei Capital participating. Ant Group will work with the company on AI financial agent R&D and domain model training.

The deal may give Ant Group, previously focused on C-end investors, a B-end asset management and research foothold. The report notes the sector still faces data compliance limits, model hallucination, and paid conversion issues.