Financial media outlet Bloomberg revealed a new artificial intelligence (AI) model intending to open new ways to use the data available within the company’s terminal. Many responded to the latest development, with some saying that this sparks “the next wave” of corporate AI.
On March 30, Bloomberg released a research paper that provides detailed information about the development of what it calls BloombergGPT. According to the media outlet, the AI has been created to perform various natural language processing tasks after training with a large financial data set.
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