2.3 Why Open-Source FinLLMs?
AI4Finance Foundation is a non-profit, open-source organi-
zation that integrates Artificial Intelligence (AI) and finan-
cial applications, including financial Large Language Models
(FinLLMs). With a proven track record of nurturing an in-
novative ecosystem of FinTech tools, such as FinRL [Liu et
al., 2021] and FinRL-Meta [Liu et al., 2022], the foundation
is poised to accelerate the evolution of FinLLMs further. It
is steadfast commitment and cutting-edge contributions pave
the way for AI’s transformative application in finance.
• Advancing equal opportunities via democratizing Fin-
LLMs: Adopting an open-source methodology promotes
universal access to state-of-the-art technology, adhering to
the ethos of democratizing FinLLMs.

• Cultivating transparency and trust: Open-source FinLLMs
offer a comprehensive overview of their foundational code-
base, bolstering transparency and trust.
FinGPT-Open-SourceFinancialLargeLanguageModels