FinGPT: open-source LLM for finance
<p>The transformer has changed artificial intelligence, and today the number of LLMs has increased almost exponentially in the past two years, making it almost difficult to keep up. <strong>While LLMs are profitably used for various applications, why not apply them to finance as well?</strong></p>
<h1>Speak about money</h1>
<p><img alt="FinGPT LLM finance" src="https://miro.medium.com/v2/resize:fit:700/0*ibDmydfHFX1-tnc-" style="height:467px; width:700px" /></p>
<p>Photo by <a href="https://unsplash.com/ko/@alexandermils?utm_source=medium&utm_medium=referral" rel="noopener ugc nofollow" target="_blank">Alexander Mils</a> on <a href="https://unsplash.com/?utm_source=medium&utm_medium=referral" rel="noopener ugc nofollow" target="_blank">Unsplash</a></p>
<p><a href="https://medium.com/data-driven-fiction/everything-but-everything-you-need-to-know-about-chatgpt-546af7153ee2" rel="noopener">ChatGPT has drawn investors’ attention to artificial intelligence</a>. On the one hand, this prompted Google to push on the accelerator of the <a href="https://bard.google.com/?hl=en" rel="noopener ugc nofollow" target="_blank">Bard project</a>, but the community itself has not been idle and many open-source model projects have sprung up.</p>
<h2><a href="https://towardsdatascience.com/the-infinite-babel-library-of-llms-90e203b2f6b0?source=post_page-----e8ec10d0bf40--------------------------------" rel="noopener follow" target="_blank">The Infinite Babel Library of LLMs</a></h2>
<h3><a href="https://towardsdatascience.com/the-infinite-babel-library-of-llms-90e203b2f6b0?source=post_page-----e8ec10d0bf40--------------------------------" rel="noopener follow" target="_blank">Open-source, data, and attention: How the future of LLMs will change</a></h3>
<p><a href="https://towardsdatascience.com/the-infinite-babel-library-of-llms-90e203b2f6b0?source=post_page-----e8ec10d0bf40--------------------------------" rel="noopener follow" target="_blank">towardsdatascience.com</a></p>
<blockquote>
<p>Given the potential, why not translate LLMs into the financial domain?</p>
</blockquote>
<p>Obviously, there are so many reasons why to develop a model in the financial domain. For example:</p>
<ul>
<li><strong>Chatbots </strong>could be incorporated to allow 24/7 interaction with users.</li>
<li><strong>Fraud detection</strong>, there has been an increase in fraud and scammers using deep fakes and other technologies, so previous methods are inadequate. LLMs and other AI algorithms could be used for detection.</li>
</ul>
<p><a href="https://levelup.gitconnected.com/fingpt-open-source-llm-for-finance-e8ec10d0bf40"><strong>Read More</strong></a></p>