Beijing-based Baichuan AI has unveiled its full-link financial model,Black Magic Mask (2023) Baichuan4-Finance, which integrates more than 100 billion pieces of bilingual financial knowledge. Developed in collaboration with finance experts from Renmin University’s School of Finance, the model aims to transform the financial sector. The Baichuan4-Finance API is now available on the company’s website. According to FLAME-Cer benchmark tests, the model achieved over 95% accuracy in sectors such as banking, insurance, funds, and securities, with an overall accuracy rate of 93.62%. This performance surpasses both GPT-4o and XuanYuan3-70B-Chat by nearly 20%. In June, Baichuan AI raised 5 billion yuan ($700 million) in Series A funding, bringing its valuation to 20 billion yuan ($2.8 billion). [Ithome, in Chinese]
