July 31st, 2025 - 11:20 GMT
Standard Chartered (“the Bank”) and Alibaba Group Holding Limited (“Alibaba” or “Alibaba Group”) have entered into a strategic partnership, utilising Alibaba Cloud’s AI technologies to accelerate the pace at which the financial services sector embraces Artificial Intelligence (AI). According to the Memorandum of Understanding, Standard Chartered will work with Alibaba Cloud as its strategic partner for AI technologies to enhance operational efficiency and elevate the customer experience. Leveraging Alibaba Cloud’s intelligent solutions and AI technologies, the collaboration aims to help the Bank elevate its competitive edge. This includes developing AI-powered ...