BloombergGPT Highlights the Power of Smaller AI Models in Finance

How BloombergGPT Champions Smaller, Focused AI Models

The Gist

• Bloomberg launched BloombergGPT, a 50-billion parameter, large-language model designed for financial applications.

• The model is built on a knowledge base Bloomberg has gathered over the past 15 years and is provided to customers through its Terminal product.

• Researchers from Bloomberg and Johns Hopkins argue that smaller models work better for dom…