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The People's Bank of China (PBC) is taking significant steps to integrate artificial intelligence (AI) large language models into the financial sector. This initiative aims to enhance financial digitalization and improve operational efficiency through advanced technology. The PBC's commitment includes strengthening data governance and cybersecurity while fostering a skilled technology workforce.
The integration of AI in finance is seen as a crucial trend, with various Chinese banks already implementing AI models in their operations. For example, the Industrial and Commercial Bank of China has localized the DeepSeek AI model to boost intelligence in financial scenarios. This push towards AI adoption reflects a broader governmental strategy to support the development of new-generation intelligent technologies.
• PBC emphasizes AI's role in enhancing financial digitalization.
• Chinese banks are deploying AI models for improved operational efficiency.
AI technologies are being integrated into the financial sector to enhance efficiency and reduce costs.
Large language models are utilized to process vast amounts of financial data effectively.
The financial sector is undergoing digital transformation through the adoption of AI technologies.
The PBC is leading efforts to promote AI applications in the financial sector for digitalization.
DeepSeek's AI models are being deployed by multiple banks to enhance financial operations.
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