Commencing LLM Development Project Combining Financial Services and Media [Seoul=NewsPim] Reporter Lee Na-young= Comprehensive fintech specialist company…
Commencing LLM Development Project Combining Financial Services and Media
[Seoul=NewsPim] Reporter Lee Na-young= Comprehensive fintech specialist company Finger announced on the 6th that it has signed a Memorandum of Understanding (MOU) with Emotionwave, an AI and metaverse specialist company, for generative AI business cooperation, and is commencing a large language model (LLM) development project combining financial services and media content.
Through this MOU, the two companies plan to cooperate on ▲AI·LLM technology fields and ▲metaverse businesses, and plan to pursue collaboration in various other business areas. Additionally, Finger will provide a strategic investment to Emotionwave.
Emotionwave is a venture company that provides various entertainment services related to culture and art centered on AI technology. It has secured market competitiveness with vast metaverse solutions, ranging from platforms applying AI·Internet of Things (IoT)·LLM technologies to virtual broadcasting, music, concert production, and e-sports, and is discovering continuous growth engines through patented technology value.
![[NewsPim] Finger to Partner with Emotionwave on Generative AI Business — image 1](https://emotionwave.com/wp-content/uploads/sites/4/kboard_attached/2/202309/64f7ebaaca4f51020791.jpg)
Finger possesses the most references in the domestic digital finance platform and solution market based on its core fintech original technologies of ABCD (AI, Blockchain, Cloud, Data). To secure additional growth engines, it is successfully operating 'Dokdoverse,' which promotes itself as a financial metaverse, and recently, with the incorporation of tokenized securities (STO) into the institutional system, it is also leading in the area of building tokenized security issuance and distribution platforms.
Emotionwave's Rio Jang said, "We have built know-how in virtual media environment technology and AI technology over 9 years," adding that "through cooperation with Finger, which has rich financial business experience, we will create a service turning point where we can attempt new things combining financial services and media."
Finger's Ahn In-joo said, "Through the MOU and strategic investment, we will cooperate with Emotionwave, which has unique AI technology in the music and content field, in the area of AI application technology and content services," adding that "we expect synergy to be created in the LLM development area, where large-scale investment is inevitable."
Source : NewsPim Reporter Lee Na-young