Fanhua partners with Baidu to develop AI insurance assistant [Yahoo! Finance]
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Fanhua Inc. - American depositary shares, each representing 20 ordinary shares (FANH)
Last fanhua inc. - american depositary shares, each representing 20 ordinary shares earnings: 3/18 04:55 pm
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Source: Yahoo! Finance
The collaboration aims to support insurance agents with advanced digital tools, facilitating a smarter and efficient sales experience. Under the agreement, Fanhua and Baidu will pool their resources to develop and manage Du Xiaobao. Fanhua will contribute servers, insurance knowledge data, a product development team and an expert team. Meanwhile, Baidu will provide large model dialogue, model refining capabilities and financial model middleware technical support. Baidu's contribution will also involve upgrading traditional insurance marketing support tools to improve language processing, emotional expression and logical reasoning. This partnership is expected to empower insurance agents to adapt to market changes and customer needs more effectively, ultimately boosting sales efficiency and service quality. Du Xiaobao is due to begin beta testing with seed users in June 2024, with the official launch of version 1.0 scheduled for July 2024. The first version will utilise
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FANH
News
- Fanhua Announces Strategic Partnership with Baidu AI Cloud for Application of Large Model in Insurance Distribution [Yahoo! Finance]Yahoo! Finance
- Fanhua Announces Strategic Partnership with Baidu AI Cloud for Application of Large Model in Insurance DistributionGlobeNewswire
- Global Smart Finance Hardware Market Report 2024: A $22.26 Billion Market by 2028, Registering a compound annual growth rate (CAGR) of 5.8% [Yahoo! Finance]Yahoo! Finance
- Fanhua Inc. (NASDAQ: FANH) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Fanhua Inc. (NASDAQ: FANH) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
FANH
Sec Filings
- 6/3/24 - Form 6-K
- 5/21/24 - Form F-3/A
- 5/8/24 - Form SC
- FANH's page on the SEC website