1/ Finance nerds, rejoice! Introducing BloombergGPT, a specialized AI agent built to navigate the exciting world of finance. Imagine having a powerful genie-like ChatGPT, but solely focused on finance. Let's dive into what this AI can do for you. #BloombergGPT 🧵

2/ First, let's understand the "why" behind Bloomberg, a media company, launching a Finance GPT. Bloomberg is more than just news; it's a financial, software, data, and media powerhouse with the Bloomberg Terminal as its cornerstone. It lives and breathes finance! #Bloomberg #AI

3/ Bloomberg has amassed a goldmine of financial data over the years. And what better way to utilize this data than to train a large language model to run generative AI chatbots? That's how BloombergGPT, trained on 50 billion parameters, came into existence.

4/ So, what magic can BloombergGPT create? Here are its claimed capabilities:

Sentiment Analysis
Named Entity Recognition
News Classification
Question Answering
These features could revolutionize trading and finance, empowering traders and facilitating learning.

5/ Before you get too excited, remember that BloombergGPT's capabilities are still claims by Bloomberg. The real-world application is yet to be tested, but the potential is immense. #FutureofFinance

6/ One thing is certain: Niche AIs are on the rise. From digital art to finance and beyond, AI is growing rapidly, expanding into various domains. The age of specialized AI agents is here, and BloombergGPT is a prime example of this exciting trend. #NicheAI