Challenge completedUse AI to revolutionize banks' risk management and decision-making
Join our challenge to revolutionize banks' risk management! We are seeking innovative solutions that integrate Large Language Models with traditional quantitative analytics to predict financial risks with greater accuracy. Unleash your creativity and redefine banking risk assessment!
Who can participate?
Start-ups, (technology) companies, researchers, labs, newly founded tech teams and all other AI innovators
How are you involved?
BayernLB is actively seeking a committed long-term business collaborator - and to ensure the selection of the most suitable partner, we've structured our process into two comprehensive phases.
Submission Phase: Send us your approaches!
Seize this moment to showcase your innovative concepts or prototypes that revolutionize BayernLB's practices. Throughout this phase, we're available every week in our Q&A sessions to address your questions and provide support or simply explore our FAQs for additional assistance. Deadline: July 9, 2024, 23:59 PM CEST.
After the deadline, BayernLB will review all submissions and select up to five teams to be shortlisted and given the opportunity to get to know BayernLB in a virtual meeting. Afterwards, up to three teams will be chosen for the final phase and will be invited to the Collaboration KickOffs.
Collaboration Kickoffs: 1-2 weeks after finalist anouncement
Each finalist will engage in a session with BayernLB aimed at refining approaches and laying the groundwork for a funded co-creation journey together in the Collaboration Phase.
Attendance is mandatory.
Funded Collaboration Phase: Starting right after the Collaboration KickOffs
Adapt and refine your approaches in close collaboration with BayernLB, establishing the groundwork for a potential long-term partnership. Each finalist team will receive up to 2,000 euros for successfully conducting this phase.
Final Presentation: one-day
Finalists will present their refined approaches and potential long-term propositions, followed by in-depth discussions. BayernLB will then deliberate on the final details and determine which partnership to progress further with.