From ChatGPT to BloombergGPT: In capital markets, who can make the most of large language models?

Capital markets are no strangers to hype machines. Among the buzz around generative AI, Nyela wonders who will be best suited to take advantage of the technology and deliver the right use cases to Wall Street.

Artificial intelligence’s boogeyman status in the cultural zeitgeist is due in large part, I believe, to James Cameron’s 1984 sci-fi classic, The Terminator. In the film, Arnold Schwarzenegger plays the titular character, a cyborg from the year 2029, who is sent back in time to the 1980s by Skynet, a malicious artificial intelligence network that has gained self-awareness. The Terminator’s mission is to kill a woman named Sarah Connor because her future son, John, will lead a resistance movement

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CME: CFTC OKs clearing move to Google Cloud

The CFTC has given the Chicago-based exchange approval to run its clearing and settlement infrastructure on the Google Cloud Platform, while the exchange and vendor have extended their partnership to last until at least 2037.

Once a blockchain cheerleader, Axoni changes its playbook

The fintech, whose origins can be traced back to the genesis of capital markets’ complicated flirtation with DLT, has largely ditched the tech as the foundation of its data synchronization offering, opting for more familiar territory.

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