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On June 16, during the 32nd China International Financial EXPO, Zhang Chi, Vice President of the Public Cloud Business Unit at Alibaba Cloud Intelligence Group, disclosed that the deployment of Pingtouge's independently developed Zhenwu AI chips within the financial industry has surpassed 100,000 units. These chips are now in use across more than 150 prominent institutions, encompassing banks, securities firms, insurance companies, and fund managers. By May 2026, a cumulative total of 560,000 Zhenwu series chips will have been distributed and implemented in key financial sector applications. These include wealth management, credit risk assessment, investment research and advisory services, document recognition, and regulatory compliance monitoring.
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