Hong Kong Monetary Authority (HKMA)’s Post

The HKMA co-hosted a seminar on Generative A.I. (GenA.I.) and InvestLM today with The Hong Kong University of Science and Technology. Senior representatives and practitioners from banks gathered to explore GenA.I.’s transformative potential and applications across a wide range of use cases. Carmen Chu, Executive Director (Banking Supervision) of the HKMA, highlighted the vast potential of GenA.I. and shared insights on navigating technology adoption in her opening remarks. Read more: https://lnkd.in/ggqUTm4w Distinguished experts from HKUST, Professor Kar Yan Tam, Vice-President for Administration & Business and Chair Professor of Information Systems, Business Statistics & Operations Management, and Dr Samuel Kwan, Director, Information Technology Services Center, delved into the development of GenA.I. They also showcased InvestLM, a locally-developed language model focused on finance and investment, demonstrating how it can support the local financial industry. The HKMA remains committed to promoting the adoption of GenA.I. through the GenA.I. Sandbox, an initiative jointly driven by the HKMA and Cyberport Hong Kong. The InvestLM model will also be made available in the second cohort of the GenA.I. Sandbox, allowing banks to further explore and tailor the model to their needs. #HKMA #GenAI #AI