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The global AI market is experiencing explosive growth. According to the latest research report, the global artificial intelligence (AI) market size is expected to soar from $273.6 billion in 2023 to $5.26 trillion by 2035, with a compound annual growth rate of 30.84%. This forecast highlights the significant impact of AI technology on the global economy over the next decade.

Market Growth Forecast - A latest industry report shows that the global artificial intelligence (AI) market size is expected to grow from $273.6 billion in 2023 to $5.26 trillion by 2035, with a compound annual growth rate as high as 30.84%. This figure highlights that AI technology will continue to maintain rapid development over the next decade.

The latest research report shows that artificial intelligence (AI) technology is accelerating commercialization worldwide, with the market size expected to exceed $5.26 trillion by 2035. This data indicates that the AI industry is on the verge of exponential growth, with finance and healthcare becoming the core drivers of this growth. The market size will see explosive growth, soaring from $273.6 billion in 2023 to $5.26 trillion by 2035, with a compound annual growth rate of 30.84%.

Recently, the Shanghai University of Finance and Economics held the 'Kuangshi Financial and Economic Education Large Model' Release Conference and Digital Intelligence New Financial Forum in Shanghai. This innovative intelligent education platform was officially launched. The large model aims to accurately meet the diverse needs of financial education, marking an important step for the school in deeply integrating financial education with artificial intelligence (AI). Professor Zhang Liwen from the College of Statistics and Data Science at the Shanghai University of Finance and Economics introduced that this large model fully relies on the school's rich financial discipline background and advanced technological exploration, aiming to build a service platform for various types of financial education.

At the 2025 Intelligent Economy Forum, Shen Dou, Executive Vice President of Baidu Group, announced that Baidu Smart Cloud has launched a new large model for the financial industry called Qianfan Smart Finance. This move marks Baidu's deep involvement in the financial sector, aiming to provide more precise and efficient artificial intelligence solutions for financial institutions. Shen Dou pointed out that 65% of Central SOEs have chosen to work with Baidu Smart Cloud, demonstrating the strong market demand for smart cloud technology. Building an industry-specific large model is a complex process that not only requires a strong technical foundation but also...

Ant International officially launched its AI-as-a-Service (AIaaS) platform - Alipay+ GenAI Cockpit. This new platform is designed to empower fintech companies and super apps in building AI agents and AI-native financial services. It combines automated workflows with intelligent task orchestration, covering key fintech processes such as payment orchestration, customer guidance, compliance checks, fraud detection, dispute resolution, and performance optimization. This marks an important step in the practical application and scalability of intelligent agents in the financial industry. Financial future...

Recently, Yiren Digital (NASDAQ: YRD) announced that its self-developed Zhiyu large language model has officially completed registration in accordance with the relevant provisions of the "Interim Measures for the Management of Generative Artificial Intelligence Services." This news marks a significant step for Yiren Digital on the path to AI technology compliance and lays a solid foundation for its intelligent applications in the financial field. As a leading AI-driven financial service provider in China, Yiren Digital is driving industry transformation through technological innovation. Image Note: Image generated by AI, image authorized by Midjour.

The latest report reveals the deep concerns Americans have about their personal finances. 45% of Americans express worry about their financial situation, particularly regarding insufficient retirement savings (68%), rising living costs (56%), and debt management issues (45%). Meanwhile, 62% of American workers report that financial hardship has led to moderate to severe anxiety. Currently, inflation and rising living costs (62%) are the primary financial issues, followed by credit card debt (34%), housing costs (31%), and medical expenses (25%).

Ant Group, in collaboration with Xin京Bao and Beike Finance, has developed and launched a generative large-scale model product named "Beike Finance · Smart Guidance for ESG." This product aims to provide users with more accurate, comprehensive, and valuable analysis and interpretation of ESG (Environmental, Social, and Corporate Governance) reports of A-share listed companies. It can answer various user queries in real-time and offer in-depth analysis and summaries."Beike Finance · Smart Guida

According to Citigroup, artificial intelligence has the potential to replace more jobs in the banking sector, more so than in other industries. This technology is expected to disrupt consumer finance and enhance workers' productivity. Based on a new report on artificial intelligence released by the bank on Wednesday, about 54% of jobs in the banking industry have a high potential for automation, while an additional 12% of positions could be augmented by this technology.

Two AI anchors from CCTV Finance's new media have started working during the Two Sessions, able to answer questions in the fields of economy, industry, and tourism 24/7. The AI anchors are supported by the Ant Group Digital Human Platform, featuring high modeling accuracy, complete dynamic details, natural pronunciation, and high fidelity. The Ant Group Digital Human Platform provided technical support for the digital torchbearers relay activity during last year's Hangzhou Asian Games. In 2021, CCTV introduced an AI sign language anchor to provide year-round service for the hearing impaired. Zhu Guangquan has already 'interviewed' the AI sign language anchor with challenging jokes.

Tonghuashun Ask Finance has launched the HithinkGPT large model, featuring a decoder-only architecture based on transformers. It offers five versions: 7B, 13B, 30B, 70B, and 130B, with a maximum allowable text input of 32k tokens. It supports API calls, web embedding, co-construction, and private deployment capabilities. The model demonstrates outstanding performance in the financial domain, passing multiple financial examinations with an average score of 75.9.

Zhaolian Consumer Finance has launched 'Zhaolian Zhilu', the first open source model with 13 billion parameters in the consumer finance industry, which has received authoritative recognition in the field of general knowledge. This model features high precision and financial expertise, meeting customization needs to improve work efficiency and reduce costs. The model will be applied in subdivided scenarios such as risk control management, code generation, and operational enhancement, while continuing to explore intelligent agent technology and promoting technology for good. Zhaolian Consumer Finance's open source model 'Zhaolian Zhilu' has ranked on authoritative lists C-Eval and CMMLU.

📚 Large language models (LLMs) like ChatGPT and GPT-4 face challenges in passing the CFA exam. 📊 Research shows that GPT-4 significantly outperforms ChatGPT but still encounters difficulties, especially in higher-level exams. 🔍 Specialized training and knowledge acquisition targeted at the CFA exam may be key to improving AI's performance in the finance sector.

The Bank of England believes that AI could exacerbate financial stability risks and undermine trust in banks. They are concerned that algorithms may lead to discriminatory decisions and replicate historical biases. The Bank stated that the use of opaque AI models by multiple companies could impact market stability. They recommend that central banks consider how to limit the risks of AI used by financial firms. The Bank's viewpoint has heightened concerns among countries about the rapid development of AI.

Hangseng Electronics has announced that the financial large model product LightGPT has begun internal testing. LightGPT is a large language model designed specifically for the finance sector. Hangseng's financial industry large model features specialization, compliance, and lightweight characteristics. Photon, the intelligent assistant based on LightGPT, provides various application scenarios for financial institutions. LightGPT supports private/cloud deployment and complies with regulatory requirements of the Chinese financial market.