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The financial information giant says Bloomberg GPT, its internal AI model, can more accurately answer questions like “CEO of Citigroup Inc?”, assess whether headlines are bearish or bullish for investors, and even write headlines based on short blurbs. The move shows how software developers in many industries beyond Silicon Valley see state-of-the-art AI like GPT as a technical advancement allowing them to automate tasks that used to require a human.
“Both the capabilities of GPT-3 and the way that it achieved its performance through language modeling wasn’t something that I expected,” said Gideon Mann, head of ML Product and Research at Bloomberg. “So when that came out, we were like, ‘OK, this is going to change the way that we do NLP here.’”
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