NEC, Anthropic and eight financial institutions launch AI collaboration initiative
NEC, Anthropic and eight Japanese financial institutions have launched a joint initiative to explore the use of AI in financial services and support the deployment of AI technologies designed to meet the industry's requirements for security, reliability and accuracy. Participants in the initiative include MS&AD Insurance Group Holdings, Sumitomo Life Insurance, Daiwa Securities Group, Sumitomo Mitsui Trust Group, Sumitomo Mitsui Trust Bank, Sumitomo Mitsui Financial Group and Meiji Yasuda Life Insurance.