2023/8/7

• UPSTAGE HELD A WEBINAR ON AUGUST 24, 'THE FUTURE OF FINANCE AND INSURANCE CHANGED BY GENERATIVE AI'

• UPSTAGE AI EXPERTS WHO DEVELOPED A MODEL THAT GOES BEYOND GPT-3.5 DIRECTLY SHARE INSIGHTS ON DIGITAL TRANSFORMATION IN THE FINANCIAL SECTOR

• From August 7th to 24th, online application for participation through the Upstage website, unlimited release of recordings

(Upstage = 2023/8/7) Korea's leading AI startup Upstage invites generative AI experts who have developed the world's best language model beyond ChatGPT to present a direction for digital transformation in the financial sector.

On the 7th, Upstage (CEO Kim Seong-hoon) held an online webinar called 'Upstage Talks' (hereafter referred to as Upstage Talk) to share successful ways to introduce generative AI services in the pan-financial sector under the theme of 'The Future of Finance and Insurance Changed by Generative AI'. announced that it will be held on the 24th.

Upstage Talks was initiated in 2020 as an in-house technical lecture and has since grown in popularity thanks to Upstage's world-renowned performance sharing, such as winning Kaggle competition, as well as lectures by Silicon Valley developers. The event has received a lot of interest from both companies and the general public who are interested in AI.

At this event, upstage CTO Lee Hwal-seok, Upstage Vice President Choi Hong-joon, who served as a former Lina Life Insurance CPC Innovation Strategy Executive, and Park Chan-joon, Tech Leader of Upstage LLM Model Team, will be among the speakers of the industry's most prestigious financial AI experts. The presentation is ▲ AI Impact for Financial Sector ▲ Development process of LLM (Large Language Model) and the financial industry where super-large artificial intelligence will work together ▲ Direction of applying generative AI and financial business from Upstage and so on in order.

AS THE ERA OF SUPER-GIANT AI IS IMMINENT, THE FINANCIAL SECTOR IS ACCELERATING THE IMPROVEMENT OF DIGITAL CONSTITUTION THROUGH THE INCORPORATION OF GENERATIVE AI SERVICES SUCH AS VIRTUAL ASSISTANT CHATBOTS AND HYPER-PERSONALIZED WORK EFFICIENCY. ACCORDINGLY, UPSTAGE SHARES THE LATEST GENERATIVE AI TECHNOLOGY TRENDS BY BORROWING THE MOUTHS OF INDUSTRY-LEADING EXPERTS BASED ON ITS OVERWHELMING TECHNOLOGY THAT ANNOUNCED THE WORLD'S NO. 1 LANGUAGE MODEL BY BEATING GPT-3.5 IN THE RECENT HUGGING FACE 'OPEN LLM LEADERBOARD' EVALUATION. WE HAVE PREPARED A PLACE TO PRESENT A SUCCESSFUL AI INTRODUCTION PLAN IN THE FINANCIAL DOMAIN.

This webinar will be held live online from 2:00 pm on the 24th, and pre-participation applications are accepted through the Upstage website (www.upstage.ai) from the 7th to the day of the event. Anyone who wants to hear about the latest technology trends, including officials from financial and insurance companies considering the introduction of generative AI services, can participate. The recorded version of the lecture will also be released indefinitely through the homepage.

SUNGHOON KIM, CEO OF UPSTAGE, SAID, "THIS EVENT WAS SPECIALLY PREPARED TO PROVIDE DIFFERENTIATED INSIGHTS TO CORPORATE CUSTOMERS IN THE FINANCIAL SECTOR WHO ARE THINKING ABOUT DIGITAL TRANSFORMATION THROUGH THE INTRODUCTION OF GENERATIVE AI." WE WILL LEAD THE INTRODUCTION OF AI IN THE FINANCIAL SECTOR.”

Meanwhile, Upstage is going to pioneer the 'Private AI' market, which is specialized in preventing information leakage and preventing hallucinations by learning internal data of companies based on the world's best LLM technology comparable to ChatGPT. Private AI is a solution especially optimized for the financial sector, where security is the lifeblood, and Upstage can significantly reduce introduction and operation costs by providing superior performance with a lightweight model size compared to large LLMs of big tech companies.

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