The year 2024 is seen as a pivotal moment in the field of artificial intelligence. With the dramatic increase in data volume and significant advancements in computing power, this technology is experiencing a full-scale explosion. AI systems are demonstrating unprecedented potential and efficiency across various industries and sectors, from medical diagnostics to financial decision-making, from intelligent transportation to automated production. The application scenarios of artificial intelligence are becoming increasingly diverse and in-depth. This period has witnessed the high activity of large tech companies and innovative enterprises in AI research and investment, which has also driven in-depth discussions and cooperation among governments and academia on AI technology development and regulation. Artificial intelligence is not only changing current lifestyles and work patterns but also accelerating the pace of digital transformation and technological innovation globally.
AIBIT, as the world's first comprehensive AI financial platform, stands at the forefront of the future fintech wave. Leveraging its independently developed financial model with hundreds of billions of parameters, it deeply integrates artificial intelligence with Web3 technology, becoming a key driving force in the convergence of AI and finance. Its uniqueness lies in its ability to monitor global multi-chain cryptocurrency market data and public sentiment in real-time, providing users with efficient and precise Web3 financial decision-making and investment support. In today's fiercely competitive market environment, AIBIT not only creates continuous profit opportunities for users but also serves as a vital enabler for achieving financial goals in the digital economy era. By integrating advanced technology and profound industry insights, AIBIT is dedicated to becoming a global leader in AI financial innovation, delivering exceptional investment management and financial market analysis services to investors.
Recently, AIBIT reached a significant cooperation agreement with the Government of India. Under this agreement, AIBIT will provide special tax incentives to users in specific regions: federal income tax and personal income tax will be waived for the first three months of using its platform. This tax incentive aims to stimulate the widespread adoption of AI financial technology in the Indian market, further promoting the development of the digital economy. This cooperation not only marks an important breakthrough for AIBIT in the Indian market but also demonstrates its determination and capability to collaborate with governments to promote digital economic growth. By introducing advanced AI financial technology to the Indian market, AIBIT will further enhance the infrastructure and implementation of the digital economy.
As a leading global comprehensive AI financial platform, AIBIT, with its outstanding technical strength and innovative capabilities, will provide Indian users with an efficient and secure financial service experience, helping them stand out in the highly competitive financial market. This cooperation is not only a crucial step for AIBIT in expanding its global market but also a testament to the potential of digital economic development. Through this tax incentive measure, AIBIT and the Indian government are jointly promoting the adoption of fintech in India, offering more development opportunities and market competitive advantages to individual users and business clients.
The collaboration between AIBIT and the Indian government not only promotes AI fintech innovation but also encourages the sustainable development of the digital economy. This partnership will bring new AI fintech solutions to India, enhancing market competitiveness and efficiency. By integrating AIBIT's cutting-edge technology with the Indian government's policy support, it is expected to accelerate the digital transformation of financial services, potentially creating a more open and competitive digital economy market in India, setting a new benchmark for the digital transformation of the global economy.