Daiwa Hires AI Startup to Develop Tool for Retail Clients

Daiwa Securities Group Inc., a major Japanese financial services firm, has hired the AI startup Sakana AI to develop an AI tool for its retail clients. The tool will analyze individual investor profiles, allowing Daiwa to better understand its clients and provide more personalized services. This move is part of a broader trend in the financial industry, where institutions are increasingly adopting AI technology to improve efficiency and customer experience. By leveraging AI, Daiwa aims to gain deeper insights into its retail clients, enabling it to offer more tailored investment recommendations and products. The partnership between Daiwa and Sakana AI highlights the growing importance of AI in the financial sector, as firms seek to enhance their services and stay competitive in an evolving market. The development of this AI tool is expected to contribute to Daiwa's efforts to better serve its retail clients and adapt to the changing needs of the industry.