Du Xiaoman CEO Zhu Guang: The application of generative AI in the financial field is the most important strategic direction in the next five years

On October 17th, it was reported that at Baidu World 2023, Du Xiaoman's CEO Zhu Guang stated that with the construction of the technology base, the "first act" of starting with large model technology has been successfully performed, and the "second act" of application implementation is slowly unfolding, and generative AI is penetrating into various industries.Zhu Guang reviewed the development of the financial industry over the past decade

On October 17th, it was reported that at Baidu World 2023, Du Xiaoman's CEO Zhu Guang stated that with the construction of the technology base, the "first act" of starting with large model technology has been successfully performed, and the "second act" of application implementation is slowly unfolding, and generative AI is penetrating into various industries.

Zhu Guang reviewed the development of the financial industry over the past decade. The combination of big data technology and the financial industry has driven the great development of digital inclusive finance, which is the transformation brought by AI1.0 in the financial field. "AI 2.0, represented by big model technology, integrates its universal intelligence with financial industry data and real business scenarios, allowing financial technology to enter a new stage of development

Zhu Guang stated that in the next five years, the application of generative AI in the financial field will become the most important strategic direction for Du Xiaoman. Du Xiaoman will continue to increase the layout and investment of financial vertical models and applications, seize opportunities with the industry, and promote a new wave of financial technology development. In the field of finance, big model technology is poised for a true moment of changeIt will come soon.

Facing the opportunity window of a new round of technological transformation, Du Xiaoman actively lays out the research and application of large model technology. On the one hand, Du Xiaoman has collaborated with Harbin Institute of Technology to establish a joint research center for artificial intelligence, focusing on cutting-edge research and development of large model bases, principles and application technologies of large model technology, and enhancing the technological innovation ability and practical application effects of large models; On the other hand, Du Xiaoman also launched the first Chinese financial model, Xuan Yuan, which is worth hundreds of billions of yuan in China and is open source to all financial institutions.

At present, Du Xiaoman is working with Baidu Cloud to build a financial industry solution based on ERNIE Bot. (One Orange)