Upstage Develops Specialized Generative AI Service for Shinhan Investment Corp.

Shinhan Investment Corp Develops Customized 'Private LLM'

AI technology company Upstage announced on the 13th that it has signed a contract with Shinhan Investment Corp. to build a generative AI platform specialized for the financial investment industry.

Upstage, Shinhan Investment Corp CI

Recently, the adoption of generative AI has been accelerating mainly in the financial sector. In the financial investment industry, where security and accuracy are critical, a 'private large language model (LLM)' that learns only from internal company data to prevent information leakage and minimize hallucinations is emerging as a key foundation. Hallucinations refer to AI generating distorted information.

Upstage and Shinhan Investment Corp. will work together to build a private LLM tailored to the characteristics of the financial investment industry. Based on its proprietary SOLA LLM, Upstage will train the model with financial specialized data to develop a specialized model that can automate repetitive internal tasks as well as expand to various other operations.

They will enhance various functions of the SOLA LLM, such as generating various reports, summarizing information, and translation, customized for the financial investment industry. Additionally, an internal knowledge database system capable of document processing and information retrieval will be established. By utilizing generative AI to automate repetitive tasks, they plan to improve work productivity.

Kim Seong-hoon, CEO of Upstage, stated, "We will develop specialized models that can be used in a customized manner for industries such as finance and insurance, where high security and trust are essential, and support comprehensive generative AI innovation."

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