KB Kookmin Bank Develops Korean Natural Language Learning Model 'KB Albert'

Development of Artificial Intelligence Capable of Understanding and Analyzing Complex Financial Language

[Asia Economy Reporter Kangwook Cho] KB Kookmin Bank announced on the 18th that it has developed 'KB ALBERT,' a Korean natural language learning model specialized in finance.

KB ALBERT is an artificial intelligence capable of understanding and analyzing complex financial language.

As part of its digital transformation, KB Kookmin Bank collaborated with Google Cloud and Megazone to develop 'KB ALBERT' using artificial intelligence (AI), machine learning (ML) technologies, and data analytics platforms.

In particular, considering the specificity of financial-related texts, a language model specialized in the financial industry was applied based on over 100 million text data owned by KB Kookmin Bank.

KB Kookmin Bank plans to implement and utilize this in 'KB Star Banking' and business-use 'chatbots.' Additionally, it will be released to open-source communities so that startups, fintech companies, and anyone can use it.

A KB Kookmin Bank official stated, "We will continue technological cooperation with Google Cloud and Megazone to jointly develop models that integrate finance and IT, and enhance convenience for financial consumers in AI, ML, and data-related tasks."

This content was produced with the assistance of AI translation services.