Core Insights - Ant International is leveraging AI and blockchain technology to expand into global corporate cash management, processing funds amounting to $1.1 trillion annually [1][2] - The company’s AI model can predict foreign exchange demand with 90% accuracy, while its blockchain system enables cross-border payments to be completed in 30 seconds, reducing costs from tens of dollars to a few cents and decreasing capital occupation by 60% [1][4] Business Model - Ant International's revenue model is based on sharing a percentage of the savings generated for clients, with current annual revenue nearing $3 billion [2][6] - The company has transitioned approximately 35% of its cash management operations to its self-built blockchain system, completing 300,000 transactions last year [2][5] Technology and Innovation - The core technology of Ant International includes an AI algorithm that predicts corporate currency needs by analyzing various data points, including shipping rates, weather forecasts, and market fluctuations [3][4] - The updated big data model set to launch in 2024 will enhance predictive capabilities, allowing for hourly-level forecasts and better handling of transaction surges [3] Competitive Landscape - Ant International's blockchain payment system bypasses traditional banking networks, significantly lowering transaction costs compared to the SWIFT system, which typically charges $10 to $50 per transaction [4][5] - Major banks, including HSBC and Standard Chartered, have signed on to connect with Ant's blockchain system, indicating strong institutional interest [2][5] Market Dynamics - As cross-border transactions continue to grow, competitors like Amazon and JPMorgan are also developing similar AI capabilities and blockchain payment systems [7]