The TWIML AI Podcast (formerly This Week in Machine Learning & Artificial Intelligence)

BloombergGPT - an LLM for Finance with David Rosenberg - #639

Jul 24, 2023

David Rosenberg, head of the machine learning strategy team at Bloomberg, discusses the fascinating development of BloombergGPT, a tailored large language model for finance. He dives into its unique architecture, validation methods, and performance benchmarks, revealing how it successfully integrates finance-specific data. David also addresses the challenges of processing financial information and the importance of ethical considerations in AI deployment, especially regarding bias and the necessity for human oversight.

36:52

Creator website

Episode guests

David Rosenberg

AI Chapters

Episode notes

Intro

2min

The Strategic Development of Bloomberg GPT for Financial Applications

2min

Navigating Financial Data Processing

11min

Evaluating Financial Language Models

16min

Navigating Challenges in Language Model Development

4min

Navigating AI Ethics and Human Oversight in Finance

2min

Today we’re joined by David Rosenberg, head of the machine learning strategy team in the Office of the CTO at Bloomberg. In our conversation with David, we discuss the creation of BloombergGPT, a custom-built LLM focused on financial applications. We explore the model’s architecture, validation process, benchmarks, and its distinction from other language models. David also discussed the evaluation process, performance comparisons, progress, and the future directions of the model. Finally, we discuss the ethical considerations that come with building these types of models, and how they've approached dealing with these issues.

The complete show notes for this episode can be found at twimlai.com/go/639

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