JB Financial Group has partnered with AI technology company Upstage to identify innovative AI applications for the finance sector.
On September 17, JB Financial announced the establishment of a strategic partnership aimed at collaboration in finance and AI technology.
Through this agreement, JB Financial plans to leverage Upstage's large language model (LLM) technology to develop finance-specific AI agents. A collaborative framework will also be established involving group affiliates such as Jeonbuk Bank, Gwangju Bank, and JB Woori Capital.
The two companies agreed to expand their cooperation in areas including the discovery and application of finance-specific innovations using AI technology, joint training and personnel exchanges to enhance expertise in finance and AI, the identification of joint AI projects in collaboration with local governments and communities, and participation in related consortiums.
This partnership is part of JB Financial's strategy to accelerate its company-wide AI transformation (AX). The initiative aims to cultivate talent in finance and AI integration while contributing to the revitalization of the local AI ecosystem through community-linked projects.
Kim Ki-hong, Chairman of JB Financial Group, stated, "By combining the strengths of both companies, we will drive financial innovation and coexistence with the local community. We will also integrate Upstage's AI solutions into our Southeast Asian subsidiaries to create new business opportunities in the global market."
* This article has been translated by AI.
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