The technical details are, as promised, in this research paper. #AI #ArtificialIntelligence #LLMs #ML #GPT ![]() ![]() This 50-billion parameter #LargeLanguageModel was purpose-built from scratch for #finance using a unique mix of #data and public datasets to support financial #NLProc tasks. Furthermore, BloombergGPT will unlock new opportunities for marshalling the vast quantities of data available on the Bloomberg Terminal to better help the firm’s customers, while bringing the full potential of AI to the financial domain. 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. BloombergGPT represents the first step in the development and application of this new technology for the financial industry. However, the complexity and unique terminology of the financial domain warrant a domain-specific model. Recent advances in Artificial Intelligence (AI) based on LLMs have already demonstrated exciting new applications for many domains. This large language model (LLM) has been specifically trained on a wide range of financial data to support a diverse set of natural language processing (NLP) tasks within the financial industry. Bloomberg today released a research paper detailing the development of BloombergGPT™, a new large-scale generative artificial intelligence (AI) model.
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