Spiking Wins Generative AI/AI Category In Huawei Spark's Ignite Startups Competition 2023
Spiking beats second WealthTech by using a domain-specific model to serve capital markets.
SINGAPORE / ACCESSWIRE / October 25, 2023 / Spiking, a financial data and insights platform powered by real-time data and AI-powered predictions, announced today that it has won and placed first overall in the AI/Generative AI category. . As part of Huawei Spark's Ignite Startups 2023 competition. The competition recognizes and supports the most promising startups in the Asia Pacific region that use innovative technologies to solve real-world problems.
Spiking was chosen for its use of artificial intelligence to democratize access to financial information and data for retail and institutional investors. Powered by Large Language Models (LLM) and generative AI (GenAI), the company's domain-specific model transforms transactional and content data into personalized predictive insights. Spiking's flagship product, TradeGPT, uses a calibrated blend of LLM and GenAI to create easy-to-understand content that helps users make better investment decisions and automate their strategies.
The CEO and founder of Spiking, Dr. Clement Chang said. "This award demonstrates our team's commitment to developing innovative solutions that help people make better financial decisions."
"Huawei is committed to supporting the startup community and helping companies succeed," said Leo Jiang, Digital Head of Huawei Cloud and AI APAC. “We are fascinated by the innovative application of artificial intelligence to solve a real-world problem of spiking. We are confident that growth will continue to have a significant impact on the financial industry."
Transitioning from Spikeing to WealthTech
Spiking uses data to improve access to essential services and shift from FinTech to WealthTech. This means that spiking goes beyond just trading stocks to give investors a more holistic view of their finances and help them make better decisions about their wealth.
Spiking's move to WealthTech is in line with its vision to accelerate the global transition to informed financial decisions. By giving investors access to high-quality data and insights, Spiking can help them reduce risk, improve returns and achieve their financial goals.
About roosters
Spiking is a financial data and insights platform powered by real-time data and AI-powered predictions. Powered by Large Language Models (LLM) and generative AI (GenAI), the company's domain-specific model transforms transactional and content data into personalized predictive insights. Spiking's flagship product, TradeGPT, uses a calibrated blend of LLM and GenAI to create easy-to-understand content that helps users make better investment decisions and automate their strategies. Spiking is headquartered in Singapore.
About Huawei Spark's Ignite Startups competition
Huawei Spark's Ignite Startups Competition is a global competition that recognizes and supports the most promising startups in the Asia Pacific region that use innovative technologies to solve real-world problems. The competition offers startups access to Huawei's resources and expertise, as well as the opportunity to connect with potential investors and customers.
Media contact : Spike
Contact: Nic Yee
Email: info@spiking.com
Address: 71 Ayer Rajah Crescent, #03-25, Singapore 139951
City: Singapore
Country: Singapore
SOURCE : Doping
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https://www.accesswire.com/796445/spiking-wins-generative-aiai-category-in-huawei-sparks-ignite-starups-competition-2023