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FinVolution Group Showcases AI Capabilities at IJCAI 2024

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FinVolution Group Showcases AI Capabilities at IJCAI 2024
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FinVolution Group Showcases AI Capabilities at IJCAI 2024

2024-08-09 17:08 Last Updated At:17:25

JEJU, South Korea, Aug. 9, 2024 /PRNewswire/ -- At the recently held International Joint Conference on Artificial Intelligence 2024 (IJCAI 2024) on Jeju Island, South Korea, from August 3 to 9, FinVolution Group, a leading fintech company, showcased their latest research on Artificial Intelligence (AI) to the global AI community at the event.

Since inception in 1969, IJCAI has emerged as a pinnacle of international academic excellence, renowned for its prestige, prominence, and profound influence within the AI landscape.

Showcasing AI applications in fintech

AI has permeated every aspect of CreditTech process, encompassing customer acquisition, operational efficiency, risk mitigation, and customer service, and beyond. During the Industry Day at IJCAI, FinVolution shares its AI strategies for diverse fintech scenarios. FinVolution's Principal Scientist, Dr. Chunping Wang delivered a keynote speech titled "From Risk to Reward: The Impact of Generative AI on the Credit Industry".

In her speech, Dr. Wang highlighted, "The rise of generative AI presents significant challenges, particularly in verifying data within the credit sector, as deepfake videos threaten identity systems. However, this technology also holds vast potential for expanding customer reach and fostering creativity. Looking forward, we anticipate a powerful synergy between large language models (LLMs) and specialized frameworks, which will broaden and secure AI applications across industries."

With years of AI expertise, FinVolution has developed its intelligent voice robot, Blu, capable of fluently interacting in five languages. Blu empowers over 20 fintech platforms across seven countries with AI-driven voice services. Additionally, the company has advanced its Octopus intelligent delivery platform by introducing a material synthesis feature. FinVolution's proprietary coding assistant, Xcoder, leverages LLMs to help developers streamline tasks, enhance efficiency, and provide intelligent code reasoning and automated support.

Industry-academia collaboration enhances deepfake solutions

Just two weeks after the finale of FinVolution Data Science Competition, the top eight winners present their voice deepfake detection solutions at a workshop at IJCAI. Open to all conference attendees, including experts in speech algorithms.

Lei Chen, Vice President and Head of Big Data & AI of FinVolution Group, presented awards to the winning teams, praising their remarkable voice detection solutions that have gained recognition in the academic community. Chen said, "FinVolution is committed to forging partnerships with academia and industry to build an open-source ecosystem for diverse technologies. By bridging real-world challenges with academic research, we foster collaboration that advances both science and technology."

FinVolution Researcher Showcases Paper at IJCAI

IJCAI is renowned for its stringent paper evaluation process. This year, FinVolution's Senior Data Scientist, Shengjian Wu, as the first author, had his paper titled "OD-DETR: Online Distillation for Stabilizing Training of Detection Transformer" accepted for presentation at IJCAI. Co-authored with Shanghai Key Laboratory of Multidimensional Information Processing at East China Normal University, the work revolutionizes the DETR model, traditionally confined to academia, by optimizing it for real-world business needs. The approach enhances detection efficiency and accuracy while dramatically cutting model training costs.

FinVolution Group's steadfast commitment to technological innovation underscores its efforts to advance industry growth. Looking forward, the company continues to invest heavily in research and development, aiming to use cutting-edge technology to enhance financial services.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

FinVolution Group Showcases AI Capabilities at IJCAI 2024

FinVolution Group Showcases AI Capabilities at IJCAI 2024

FinVolution Group Showcases AI Capabilities at IJCAI 2024

FinVolution Group Showcases AI Capabilities at IJCAI 2024

FinVolution Group Showcases AI Capabilities at IJCAI 2024

FinVolution Group Showcases AI Capabilities at IJCAI 2024

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BLUETTI Powers Wildfire Relief in Los Angeles with Portable Energy Solutions

2025-01-23 02:00 Last Updated At:02:15

LAS VEGAS, Jan. 23, 2025 /PRNewswire/ -- BLUETTI, a global leader in portable energy solutions, is supporting the Los Angeles wildfire crisis by donating 31 solar generators, providing essential power to first responders and impacted communities and ensuring efficient rescue and recovery efforts.

Devastating wildfires have impacted the greater Los Angeles area, resulting in 28 fatalities and burning over 40,600 acres, displacing thousands of residents. In response to this crisis, BLUETTI has partnered with the Los Angeles Fire Department (LAFD), community influencers and volunteers to donate 31 portable power stations, ensuring that first responders and affected communities have reliable power for critical operations and recovery. These donations included 6 units of EP500, delivering stable, 5,120Wh high-capacity power to emergency backup in critical situations. Compact models such as the Pioneer MD (AC180T) and AC2P were also supplied to support rapid mobility and essential needs for both responders and evacuees.

Beyond the donation, volunteers like Sunjay Kumar and Kevin Graves played a key role in delivering power stations and guiding first responders. Their contributions highlight the collective effort and spirit of solidarity within the BLUETTI Community.

Recognizing the increasing frequency and severity of natural disasters across the U.S., from California wildfires to Texas winter storms, BLUETTI remains dedicated to consistently offering proactive support to communities in need.

BLUETTI invites local communities and nonprofit organizations in need of power solutions for relief efforts to get in touch for support. Please contact Sean Wang, BLUETTI's North America Business Lead, at 917-287-8636 or email sean.wang@bluetti.com for assistance.

To ensure access to essential power, a special 36-hour BLUETTI Pick-up Service has been introduced at the California warehouse. This initiative aims to ensure that individuals and organizations in need of emergency power can access it as quickly as possible.

Standing Together 

The belief in the power of community and compassion drives BLUETTI's efforts. Support is extended to those affected by the ongoing wildfires in California and the winter storms in Texas and and Gulf Coast, with a commitment to aiding recovery efforts. Assistance inquiries can be directed through Bluetti Contact Sean Wang or by visiting the BLUETTI Pick-up page for expedited collection in CA. 

Together, the challenges of this time can be navigated, fostering stronger and more resilient communities.

About BLUETTI

Founded in 2009, BLUETTI is a pioneer force in clean energy technology, committed to a sustainable future by providing green and independent energy storage solutions for every household. With a strong focus on innovation and customer needs, BLUETTI has gained the trust of 3.5 million customers and established a presence in over 110 countries & regions. Through initiatives like the LAAF (Lighting An African Family) Program, BLUETTI is dedicated to bringing power to millions of African families in off-grid areas. 

CONTACT: Ellen Lee, ellenlee@bluetti.com

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

BLUETTI Powers Wildfire Relief in Los Angeles with Portable Energy Solutions

BLUETTI Powers Wildfire Relief in Los Angeles with Portable Energy Solutions

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