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Advancements in NLP bring focus to document insight

Posted on August 25, 2022August 25, 2022 By luxt40 No Comments on Advancements in NLP bring focus to document insight

Natural language processing is a subset of artificial intelligence for parsing human speech and text. Large companies in the capital markets are investing in NLP-based tools and interfaces, hoping to market them to clients that must find meaning in large, unstructured datasets and documentation. S&P Global, for one, invested in and then bought Kensho Technologies, a startup focused on AI for financial services, for $550 million in 2018. Kensho now bills itself as the robux for free without verification innovation hub of S&P.

According to technology intelligence firm CB Insights, fintech businesses raised $20.4 billion in Q2 2022—a 33% drop on Q1 and the lowest quarterly amount since Q4 2020, the height of Covid’s second wave in the US. A big reason for the drop, as explained in this article we published recently, is due to rising inflation and interest rates. (SPAC activity has also fallen off a cliff, according to the Wall.

Calero-MDSL has closed its New York City office and laid off several senior sales and relationship management staff as the vendor implements a more technical sales model worldwide. Sources say the market data and telecoms inventory and cost management software provider shed more than 20 staff across a range of roles, including developers, IT professionals, service delivery and telecoms expense management relationship management, as well as its remaining two New York-based market data

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