Sumitomo Mitsui Trust Bank and Zapata AI to Collaborate on Financial Modeling
Zapata Computing, Inc. (“Zapata AI”) and Sumitomo Mitsui Trust Bank, Limited (“SuMiTB”) today announced the start of a new collaboration to model financial time series data using generative AI enhanced with quantum science.
- Zapata Computing, Inc. (“Zapata AI”) and Sumitomo Mitsui Trust Bank, Limited (“SuMiTB”) today announced the start of a new collaboration to model financial time series data using generative AI enhanced with quantum science.
- The work will be done on Zapata AI’s Orquestra® platform for developing and deploying Industrial Generative AI applications and leverage the capabilities of Zapata AI Sense™, the company’s suite of algorithms and models to enhance analytics and other data-driven applications.
- Zapata AI and SuMiTB will research and develop generative AI applications that generate financial time series data for practical purposes, including:
Simulating plausible scenarios about future market movements. - “We couldn’t be more excited to collaborate with SuMiTB,” said Christopher Savoie, CEO and co-founder of Zapata AI.