Bloomberg, a leading business and financial information company, has unveiled a new artificial intelligence (AI) learning model called BloombergGPT, which will assist financial professionals with a variety of natural language-processing tasks.
SlateStone Wealth chief market strategist Kenny Polcari discusses when the Fed could cut rates and if it's too early to invest in A.I. on 'Varney & Co.'
The complexity and unique terminology of the financial industry requires an AI that is specifically trained with financial datasets, Bloomberg said in a release. BloombergGPT will have access to the vast quantity of data available on the Bloomberg Terminal — a computer software system used by investors and financial professionals to access real-time market data, breaking news, financial research and powerful analytics.
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