4 min read · Sep 5, 2023
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In this short note we look at LLMs that are specific for use cases in the financial sector. In particular, we discuss BloombergGPT [1] which is a proprietary LLM recently trained by Bloomberg as well as FinGPT [2] which is an open-source LLM developed using a data-centric approach (AI4Finance), where various open-source LLMs are used as the base model.
BloombergGPT is a 50B parameter LLM trained on both domain-specific and general purpose datasets. It turns out that the BloombergGPT model outperforms existing LLMs on…