Ant Group’s Q4 Profit Plunges 79% as AI and Health Tech Investments Take a Heavy Toll
Posted on May 13, 2026 by Evie Prescott
Jack Ma-backed Ant Group reported a sharp deterioration in its latest quarterly earnings, with profits falling 79% year-over-year as the Chinese fintech giant doubles down on investments in artificial intelligence infrastructure, large language model development, and health technology services — bets that are clearly weighing on its bottom line. The fintech business produced a profit […]