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Bloomberg's AI-Powered Earnings Call Summaries use generative AI and extensive financial domain expertise to help analysts quickly extract vital information. The tool integrates seamlessly with Bloomberg Terminal functions, offering enriched context links and allowing users to delve into specifics with ease.
Does the Bloomberg Terminal use AI? ›Bloomberg today announced the availability of AI-Powered Earnings Call Summaries on the Bloomberg Terminal®, which uses the pragmatic application of artificial intelligence (AI) to help analysts with their research process.
How does AI summary work? ›AI document summarization often employs algorithms that prioritize important sentences, phrases, or concepts based on factors such as relevance and frequency within the text. The goal is to extract the most relevant information from a given document while preserving the key meaning and context.
How is Bloomberg using ChatGPT? ›Bloomberg's version of ChatGPT has arrived. On Friday, Bloomberg announced that it had launched a large-scale artificial intelligence model that has been trained on financial data to improve preexisting natural language processing tasks, such as sentiment analysis and news classification.
How much does BloombergGPT cost? ›Training a large language model like BloombergGPT is costly (in the order of $3M) and takes several days to finish. One can note that it is highly costly to retrain an LLM like BloombergGPT.
What does GPT stand for? ›General-purpose technology, in economics. Generalized probabilistic theory, a framework to describe the features of physical theories. Grounded practical theory, a social science theory.
What is AI earnings call summaries? ›AI-Powered Earnings Call Summaries are a key productivity tool to stay on top of what's important and glean deeper insights across the coverage scope. The summaries highlight the key topics addressed by management, such as guidance, capital allocation, labor plans and the macro environment.
What is the AI tool for meeting summary? ›| Best for | Free plan | |
|---|---|---|
| Otter | Asking questions about your meetings | Up to 300 minutes/month |
| Nyota | AI feature variety | None |
| Fellow | Plenty of native integrations | Unlimited transcription |
| Fathom | A free option | Free version available for individuals |
FactSet's chatbot can analyze earnings calls in moments, then users can ask it bespoke questions or pre-populated ones. In response, the tool will summarize specific sections of an earnings report and comments from speakers, as well as highlight key data and surface related trends and themes.
What is the AI for book summaries? ›Booknotes is a mobile app that uses artificial intelligence to summarize books and extract key ideas, quotes, and actionable items. The app allows users to get the main points from books without having to read the full text.
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