Baichuan AI launches Baichuan4-Finance model with record accuracy in financial data analysis

Baichuan AI has launched its new financial model, Baichuan4-Finance, which incorporates over 100 billion bilingual financial data points. This model was developed with experts from Renmin University’s School of Finance. The Baichuan4-Finance API is now available on Baichuan AI's website. It achieved over 95% accuracy in banking, insurance, funds, and securities, surpassing the accuracy of GPT-4o and XuanYuan3-70B-Chat by nearly 20%. In June, Baichuan AI secured 5 billion yuan ($700 million) in Series A funding, raising its valuation to 20 billion yuan ($2.8 billion).