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Blog posts of '2023' 'April'

BloombergGPT

Bloomberg has released it's own GPT version with a 50 billion parameter large language model specifically for finance.

"This model will assist Bloomberg in improving existing financial NLP tasks, such as sentiment analysis, named entity recognition, news classification, and question answering, among others."

This will be interesting to see where large language models evolve in finance and if they are suited for trading.

 

Here is the link to their story: https://www.bloomberg.com/company/press/bloomberggpt-50-billion-parameter-llm-tuned-finance/

For more details about the development of BloombergGPT, read the paper on arXiv: https://arxiv.org/abs/2303.17564