Latest / Finance

Model releaseFinanceFrontierChinaConfirmed

Ant Group unveils a financial large language model and two assistants built on it

See how this story connects

Ant Group announced a financial large language model at the INCLUSION Conference on the Bund in Shanghai on 8 September 2023, fine-tuned from its own general model on hundreds of billions of tokens of Chinese financial text and more than 600,000 instructions from over 300 industry use cases. It released Zhixiaobao 2.0, a consumer assistant for market analysis and asset allocation that would open to users after regulatory approval, and Zhixiaozhu 1.0, an assistant for advisers and insurance claims staff. Ant said the model beat general models on its own Fin-Eval benchmark.

Why it matters

China’s largest payments and wealth platform built a finance-specific model for consumer advice, and its consumer launch waited on approval under China’s generative AI rules that took effect in August 2023.

When
8 Sep 2023
ID
WTA-N-2023-0137
Where
China
Who
Ant Group; Wang Xiaohang
Rules involved

Summary by wheresthe.ai, from Ant Group via Business Wire and the reporting credited above. Checked against the source on 9 Oct 2026.

Source copy: download the page as saved on 21 Oct 2026 (PDF). Also held by the Internet Archive.

Next stop on this Storyline: What happened nextBaidu launches Ernie 4.0 at Baidu World 2023 in Beijing

Cite this story

WTA-N-2023-0137: “Ant Group unveils a financial large language model and two assistants built on it.” wheresthe.ai, 8 Sep 2023. https://wheresthe.ai/d/cn-ant-group-financial-llm-2023-09/ (source: Ant Group via Business Wire).

Spotted an error? Email [email protected].