Wednesday, 18 October, 2023

Major Banks Embrace Large Language Models Trained on Internal Data

Leading financial institutions are increasingly adopting Large Language Models (LLMs) trained on their proprietary data to gain insights and improve internal processes. These models offer banks enhanced capabilities in risk assessment, customer service, and data analysis. This trend highlights the growing importance of AI technologies, particularly LLMs, in the banking sector to enhance efficiency and decision-making by leveraging internal data resources.