China’s Baowu Launches Self-Developed AI Tool for Steel Industry
Xu Wei
DATE:  Oct 24 2024
/ SOURCE:  Yicai
China’s Baowu Launches Self-Developed AI Tool for Steel Industry China’s Baowu Launches Self-Developed AI Tool for Steel Industry

(Yicai) Oct. 24 -- Chinese steel giant China Baowu Group yesterday unveiled its first large language model for the steel sector, which increases efficiency and refines operations across key links of the steel industrial chain, raising the bar for vertical artificial intelligence models in the country.

xIn³Plat is made up of a three-tier architecture comprising a foundational model, an industry-specific vertical model and an application scenario domain model, the Shanghai-based firm said on its WeChat account yesterday.

It covers key areas in the R&D, production, operations, and services of the steel industry, it said. This includes lean manufacturing, refined management of operations, precise services in production and sales, intelligent maintenance services as well as green, low-carbon and energy-saving scenarios.

Baowu's AI tool has achieved a 30 percent increase in R&D efficiency. And in terms of lean manufacturing, the increase in annual efficiency of a production line where the LLM was adopted has topped CNY10 million (USD1.4 million), and the results were significantly better than when using manual processes.

The AI model can also reduce energy consumption and carbon emissions by optimizing production processes and resource allocation. It can help companies comply with environmental protection regulations and achieve sustainable development by evaluating the impact of environmental policies on their operations and formulate countermeasures through data analysis and predictive algorithms.

Editor: Kim Taylor

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Keywords:   Baowu,Large model,Steel,AI