“A corpus of all of the world’s premium English-language business reporting — plus the universe of financial data, structured and otherwise, that underpins it — is just the sort of rich vein of information a generative AI is designed to mine. It’s institutional memory in a box.”

– Joshua Benton

Bloomberg News is building its own purpose-trained large language model, so it can “know” everything ever gathered by the news and data company. The details are provided in a research paper published by the company, “BloombergGPT: A Large Language Model for Finance.

About half the training data is specialized content created or assembled by Bloomberg.

Writer Joshua Benton wonders if, scale aside, this could be a forerunner for other newsrooms.


What if ChatGPT was trained on decades of financial news and data? BloombergGPT aims to be a domain-specific AI for business news | NEIMANLAB | April 3, 2023 | by Joshua Benton