3min chapter

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“ChinAI #239: Around the Horn (12th edition)” by Jeffrey Ding

ChinAI Newsletter

CHAPTER

Growing Application of Large-Scale Models in China's Finance Industry and a Story of a 30-Year-Old Investor in the Nightlife Industry

This chapter explores the use of large-scale models in China's finance industry, focusing on their applications in customer service, risk management, and financial consultation. The challenges faced by financial institutions in fully trusting these models and the regulatory hurdles regarding privacy protections and user data collection are also discussed. Additionally, a fascinating story is shared about a 30-year-old investor who embarks on a venture in the nightlife industry with a $100 million investment.

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