JLL Falcon kicks off new era of AI-powered CRE innovation
JLL (NYSE: JLL) has launched JLL Falcon, an advanced AI platform designed to transform commercial real estate (CRE). This proprietary platform combines JLL's extensive data with generative AI models to deliver revenue-generating and cost-saving insights. The platform will enhance JLL GPT™, their first CRE-specific AI assistant launched in August 2023, which has already been used by over 47,000 JLL professionals. JLL GPT™ now features improved capabilities, including image understanding and 25 times more working memory than its initial version.
JLL (NYSE: JLL) ha lanciato JLL Falcon, una piattaforma AI avanzata progettata per trasformare il settore immobiliare commerciale (CRE). Questa piattaforma proprietaria combina l'ampio patrimonio di dati di JLL con modelli di intelligenza artificiale generativa per fornire intuizioni che generano entrate e risparmiano costi. La piattaforma migliorerà JLL GPT™, il loro primo assistente AI specifico per il CRE lanciato nell'agosto 2023, già utilizzato da oltre 47.000 professionisti di JLL. JLL GPT™ ora offre capacità migliorate, tra cui la comprensione delle immagini e 25 volte più memoria di lavoro rispetto alla versione iniziale.
JLL (NYSE: JLL) ha lanzado JLL Falcon, una plataforma de IA avanzada diseñada para transformar el sector inmobiliario comercial (CRE). Esta plataforma propietaria combina los extensos datos de JLL con modelos de IA generativa para ofrecer información que genera ingresos y ahorra costos. La plataforma mejorará JLL GPT™, su primer asistente de IA específico para CRE lanzado en agosto de 2023, que ya ha sido utilizado por más de 47,000 profesionales de JLL. JLL GPT™ ahora cuenta con capacidades mejoradas, incluyendo comprensión de imágenes y 25 veces más memoria de trabajo que su versión inicial.
JLL (NYSE: JLL)은 상업용 부동산(CRE)을 혁신하기 위해 설계된 고급 AI 플랫폼 JLL Falcon을 출시했습니다. 이 독점 플랫폼은 JLL의 방대한 데이터와 생성 AI 모델을 결합하여 수익 창출 및 비용 절감 통찰력을 제공합니다. 이 플랫폼은 2023년 8월에 출시된 CRE 전용 AI 도우미인 JLL GPT™의 기능을 향상시킬 것입니다. JLL GPT™는 이미 47,000명 이상의 JLL 전문가에 의해 사용되고 있습니다. JLL GPT™는 이제 이미지 이해 기능과 초기 버전보다 25배 더 많은 작업 메모리를 포함한 개선된 기능을 제공합니다.
JLL (NYSE: JLL) a lancé JLL Falcon, une plateforme IA avancée conçue pour transformer l'immobilier commercial (CRE). Cette plateforme exclusive combine l'immense base de données de JLL avec des modèles d'IA générative pour fournir des analyses génératrices de revenus et de réduction des coûts. La plateforme améliorera JLL GPT™, leur premier assistant IA spécifique au CRE lancé en août 2023, qui a déjà été utilisé par plus de 47 000 professionnels de JLL. JLL GPT™ présente désormais des capacités améliorées, y compris la compréhension des images et 25 fois plus de mémoire de travail que sa version initiale.
JLL (NYSE: JLL) hat JLL Falcon ins Leben gerufen, eine fortschrittliche KI-Plattform, die darauf abzielt, die kommerzielle Immobilienwirtschaft (CRE) zu transformieren. Diese proprietäre Plattform kombiniert die umfassenden Daten von JLL mit generativen KI-Modellen, um umsatzgenerierende und kostensparende Einblicke zu liefern. Die Plattform wird JLL GPT™ verbessern, ihren ersten spezifischen KI-Assistenten für CRE, der im August 2023 eingeführt wurde und bereits von mehr als 47.000 JLL-Fachleuten genutzt wird. JLL GPT™ verfügt jetzt über verbesserte Funktionen, einschließlich Bildverständnis und 25-mal mehr Arbeitsgedächtnis im Vergleich zu seiner ursprünglichen Version.
- Successful adoption of JLL GPT™ with over 47,000 professionals utilizing the tool
- Enhanced capabilities of JLL GPT™ with 25x more working memory
- Development of proprietary AI platform potentially leading to new revenue streams
- Integration of advanced technology with existing business operations for improved efficiency
- None.
Insights
The launch of JLL Falcon represents a significant technological leap for JLL's commercial real estate operations. The platform's integration of multi-modal AI foundation models with proprietary data creates a powerful competitive advantage. Key technical innovations include enhanced data pipelines, semantic processing layers and a 25x increase in working memory for JLL GPT.
The platform's open architecture design is particularly noteworthy, allowing for seamless integration of internal and external technologies. With 47,000 professionals already utilizing the system, the rapid adoption rate indicates strong user acceptance and practical utility. The addition of image understanding capabilities and expanded knowledge base suggests a robust foundation for future AI-driven CRE applications.
Proprietary purpose-built AI platform for CRE will leverage the best of human and machine learning, generating insights for employees and clients
New platform will enable significant enhancements for JLL GPT™
"JLL Falcon will serve as the foundation for the continued innovation of products and services that help shape the CRE industry," said Mihir Shah, CEO, JLL Technologies. "The platform combines JLL's extensive expertise with some of the most advanced technology available today, transforming how we work and paving the way to deliver enhanced outcomes for the benefit of our people and our clients."
Featuring multi-modal AI foundation models, data pipelines, security and privacy features, natural language and semantic processing layers and advanced analytics capabilities, JLL Falcon will power a wide range of CRE applications, including custom assistants. Additionally, the platform's open architecture seamlessly blends best-in-class internal and external technologies to streamline JLL's approach to researching opportunities, extracting and analyzing complex data and delivering trustworthy, actionable insights.
JLL Falcon will also power the next iteration of JLL GPT™, the first generative AI assistant purpose-built for the CRE industry, which, since being introduced in August 2023, has provided JLL's entire workforce with the capability to create specialized insights based on curated datasets to deliver better client outcomes.
"We've had great success putting game-changing AI capabilities into the hands of our CRE professionals, to augment and amplify their unmatched expertise," said Yao Morin, JLL's Chief Technology Officer. "JLL Falcon will build on what we've already achieved and unlock even more custom, AI-enabled solutions that help shape the future of real estate for a better world."
Since launching JLL GPT™ last year, JLL has seen rapid adoption rates across both technical and non-technical roles. More than 47,000 JLL professionals have already used the tool to provide more creative, customized solutions for clients. Most recently, JLL GPT™ has gained powerful new capabilities such as image understanding, an enhanced knowledge base and 25 times more working memory than its inaugural version.
JLL's approach to AI is driven by the people who build, sell, invest, operate, manage and inhabit space. As generative AI is expected to revolutionize the commercial real estate industry, JLL is poised to lead the sector into the next stage of transformation, with new solutions slated to launch later this year.
To learn more about how JLL is delivering AI innovations to influence the future of CRE, read more here.
About JLL
For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of
Contact: Jesse Tron
Phone: +1 212-376-1215
Email: Jesse.Tron@JLL.com
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SOURCE JLL-IR
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