Bloomberg is a financial technology and data company. Its core business is a subscription-based software platform (Terminal) used by finance professionals for real-time data, analytics, trading tools, and news (this is what Wall Street traders, analysts, and portfolio managers rely on daily). Bloomberg has a strong AI and machine learning division (350+ researchers and engineers), which in 2023 developed BloombergGPT, its own financial large language model trained on a mix of proprietary financial data and public data. In 2026, Bloomberg's client-facing AI is ASKB, built on a mix of Bloomberg's own small models and third-party frontier models. So, it's time to take the lesson, if you want to build or modernize your own financial product based on a custom LLM and do it smarter, faster, and cheaper.
Dmitry Baraishuk
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11
min read