Ant Group's Jing Xiandong Donates 130 Million Yuan to Shanghai Jiao Tong University for AI Future Foundation Fund

Ant Group Chairman Jing Xiandong and his wife, both 1994 undergraduate alumni of Shanghai Jiao Tong University, donated 130 million yuan worth of cash and Ant Group shares to their alma mater to support the 'AI Future Foundation Fund'.

Ding Kuiling, President of Shanghai Jiao Tong University and academician of the Chinese Academy of Sciences, congratulated Jing Xiandong on his appointment as a university director and thanked him for his generous donation. He noted that Jing not only supports the university's development but also promotes the implementation of its AI strategy, embodying the spirit of Jiaotong University students.

AI analysis shows this donation is part of Ant Group's AI and blockchain integration strategy. Jing previously focused on agent collaboration and benefit distribution, with blockchain smart contracts as core infrastructure. The donation aims to invest in underlying technology talents and reserve resources for AI+blockchain applications.