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Headwaters rises on contract to design new AI-OCR system for Dai-ichi Life Insurance
Headwaters Co.,Ltd. <4011> shares were firm. The company announced after the close on the 28th that it designed and developed a new AI-OCR system for Dai-ichi Life Insurance, a unit of DAI-ICHI LIFE HOLDINGS <8750>, a move seen as a positive catalyst. Dai-ichi Life rolled out the system on the 24th, utilizing generative AI technology to improve form and character recognition accuracy for identity verification documents by roughly 20% compared to the previous system. Furthermore, cloud migration has streamlined operations, cutting running costs by approximately 50%.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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