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Ant Group divests stakes in Orbbec and Youon to invest in AI technology

Ant Group has divested its stakes in Orbbec and Youon, generating over $106 million from the sales while retaining a 10% stake in Orbbec. The funds will be redirected towards emerging technologies, particularly AI and semiconductor startups, as the company seeks to enhance its strategic investments.
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12:53 28.03.2025
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