Tag "generative AI"

New Research Claims ChatGPT is Able to Predict Stock Price Movements

ChatGPT, an artificial intelligence (AI) chatbot developed by OpenAI, is capable of accurately predicting stock price movements, showcasing that large language models (LLMs) can be powerful tools for forecasting stock prices, researchers at the University of Florida said in a

Read More

Bloomberg Unveils Finance-Focused Generative AI Model

Media conglomerate, finance information company and business software developer Bloomberg is building a generative artificial intelligence (AI) model for the finance industry, following on the heels of technology companies including Microsoft, Google and Salesforce that have recently kickstarted their own

Read More

Finance Companies Ramp Up AI Deployment

In the financial services industry, banks, insurers, asset managers and fintech companies are increasing the speed at which they deploy artificial intelligence (AI)-enabled applications, confident that AI will help them assess risk more accurately, enable operational efficiencies, and reduce costs,

Read More

Tech Giants Ramp up AI Development Amid ChatGPT Frenzy

Since its release in November 2022, artificial intelligence (AI)-powered chatbot ChatGPT has sent the tech world abuzz. The viral application, which allows users to ask questions and then answer these questions with human-like responses, has triggered a heated race among

Read More

GPT-3 Use Cases in Banking, Finance and Fintech

Since its release in November 2022, artificial intelligence (AI)-powered chatbot ChatGPT has garnered much excitement in the technology industry, praised by industry observers and experts for its ability to accurately answer questions, mimic human language and complete a wide range

Read More