China Construction Bank's DeepSeek R1 Initiative

China Construction Bank has successfully deployed a new financial model, based on DeepSeek R1, for internal use. Announced by CEO Zhang Yi, this marks a significant technological advancement for the bank, reflecting its commitment to innovation. The initiative was disclosed during the bank's recent annual results press conference.

China Construction Bank completed the private deployment of a large financial model utilizing DeepSeek R1, as announced on Friday.

This deployment, for internal use only, underscores the bank's drive towards innovation and integration of advanced technology in its operations.

CEO Zhang Yi revealed this major development during a press conference following the bank's annual results announcement, highlighting a step forward in the institution's strategic digital transformation.

(With inputs from agencies.)