The Centre for Investing Innovation, led by Centre Director Sotirios Sabanis, has announced the start of a new joint research project between abrdn and the University of Edinburgh. Researchers from the University's School of Mathematics and School of Informatics aim to create a generative AI-powered research companion to support abrdn's investment teams.The project will explore how existing large language models (LLMs) might be adapted and enhanced to synthesise the huge amount of data needed to make investment decisions.The research team, co-led by Miguel de Carvalho from the School of Mathematics, aims to deliver an alpha test model for abrdn to trial in 2025, and a full prototype by the following year.The Centre for Investing Innovation is a £7.5m strategic partnership to address challenges facing the investment and asset management sector across three main areas: sustainability, thematic investing and innovating investing.Learn more about the project on the Edinburgh Innovations website:Edinburgh Innovations | abrdn and Edinburgh join forces to develop an…Response to the announcement in the financial press:Abrdn announces AI partnership with University of Edinburgh - FTAdviserabrdn and University of Edinburgh join forces to develop AI investment tool - IFA MagazineAbrdn and University of Edinburgh develop AI investment tool | Money MarketingBusiness and university join forces to develop AI investment tool - Scottish Business NewsAbrdn, Edinburgh Univ to develop AI investment tool - Scottish Financial Review Tags AI Industry and Impact Staff success Publication date 09 Jul, 2024
