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Artificial intelligence is making spectacular progress, and one of the best examples is the development of large language models (LLMs) such as OpenAI's GPT series. In these lectures, written for readers with a background in mathematics or…

Computation and Language · Computer Science 2023-10-09 Michael R. Douglas

The field of Artificial Intelligence (AI) continues to drive transformative innovations, with significant progress in conversational interfaces, autonomous vehicles, and intelligent content creation. Since the launch of ChatGPT in late…

Computation and Language · Computer Science 2025-01-13 Hussain Ahmad , Diksha Goel

The growing use of Machine Learning and Artificial Intelligence (AI), particularly Large Language Models (LLMs) like OpenAI's GPT series, leads to disruptive changes across organizations. At the same time, there is a growing concern about…

Language is essentially a complex, intricate system of human expressions governed by grammatical rules. It poses a significant challenge to develop capable AI algorithms for comprehending and grasping a language. As a major approach,…

Large Language Models (LLMs) generate responses to questions; however, their effectiveness is often hindered by sub-optimal quality of answers and occasional failures to provide accurate responses to questions. To address these challenges,…

Computation and Language · Computer Science 2024-02-06 Liang Zhang , Katherine Jijo , Spurthi Setty , Eden Chung , Fatima Javid , Natan Vidra , Tommy Clifford

Artificial intelligence (AI), machine learning, and deep learning have become transformative forces in big data analytics and management, enabling groundbreaking advancements across diverse industries. This article delves into the…

Would artificial intelligence (AI) cut interest rates or adopt conservative monetary policy? Would it deregulate or opt for a more controlled economy? As AI use by economic policymakers, academics, and market participants grows…

Computers and Society · Computer Science 2025-12-10 Maxim Chupilkin

This paper investigates whether large language models (LLMs) can generate reliable stock market predictions. We evaluate four state-of-the-art models - ChatGPT, Gemini, DeepSeek, and Perplexity - across three prompting strategies: a naive…

Trading and Market Microstructure · Quantitative Finance 2026-04-21 Ricardo Crisostomo , Diana Mykhalyuk

Large Language Models (LLMs) have significantly advanced the development of Legal Artificial Intelligence (Legal AI) in recent years, enhancing the efficiency and accuracy of legal tasks. To advance research and applications of LLM-based…

Computation and Language · Computer Science 2025-09-15 Zhitian Hou , Zihan Ye , Nanli Zeng , Tianyong Hao , Kun Zeng

The rapid evolution of artificial intelligence (AI), especially in the domain of Large Language Models (LLMs) and generative AI, has opened new avenues for application across various fields, yet its role in business education remains…

Computation and Language · Computer Science 2024-01-09 Vahid Ashrafimoghari , Necdet Gürkan , Jordan W. Suchow

Better understanding of Large Language Models' (LLMs) legal analysis abilities can contribute to improving the efficiency of legal services, governing artificial intelligence, and leveraging LLMs to identify inconsistencies in law. This…

Computation and Language · Computer Science 2023-06-13 John J. Nay , David Karamardian , Sarah B. Lawsky , Wenting Tao , Meghana Bhat , Raghav Jain , Aaron Travis Lee , Jonathan H. Choi , Jungo Kasai

Large Language Models (LLMs) and generative AI (GenAI) systems, such as ChatGPT, Claude, Gemini, LLaMA, and Copilot (by OpenAI, Anthropic, Google, Meta, and Microsoft, respectively), are reshaping digital platforms and app ecosystems while…

Cryptography and Security · Computer Science 2025-07-29 Kiarash Ahi

Financial large language models (FinLLMs) with multimodal capabilities are envisioned to revolutionize applications across business, finance, accounting, and auditing. However, real-world adoption requires robust benchmarks of FinLLMs' and…

Computational Engineering, Finance, and Science · Computer Science 2025-04-30 Shengyuan Colin Lin , Felix Tian , Keyi Wang , Xingjian Zhao , Jimin Huang , Qianqian Xie , Luca Borella , Matt White , Christina Dan Wang , Kairong Xiao , Xiao-Yang Liu Yanglet , Li Deng

The emergence of Generative Artificial Intelligence (AI) and Large Language Models (LLMs) has marked a new era of Natural Language Processing (NLP), introducing unprecedented capabilities that are revolutionizing various domains. This paper…

Computation and Language · Computer Science 2024-08-26 Desta Haileselassie Hagos , Rick Battle , Danda B. Rawat

Big Language Models (LLMs) are changing the way businesses use software, the way people live their lives and the way industries work. Companies like Google, High-Flyer, Anthropic, OpenAI and Meta are making better LLMs. So, it's crucial to…

Artificial Intelligence · Computer Science 2025-10-28 Urja Kohli , Aditi Singh , Arun Sharma

When Artificial Intelligence (AI) is used to replace consumers (e.g., synthetic data), it is often assumed that AI emulates established consumers, and more generally human behaviors. Ten experiments with Large Language Models (LLMs)…

Human-Computer Interaction · Computer Science 2025-10-10 Antonios Stamatogiannakis , Arsham Ghodsinia , Sepehr Etminanrad , Dilney Gonçalves , David Santos

Generative AI, particularly large language models (LLMs), is beginning to transform the financial industry by automating tasks and helping to make sense of complex financial information. One especially promising use case is the automatic…

Statistical Finance · Quantitative Finance 2025-11-11 Zonghan Wu , Congyuan Zou , Junlin Wang , Chenhan Wang , Hangjing Yang , Yilei Shao

Large Language Models (LLMs) offer a promising approach to enhancing Explainable AI (XAI) by transforming complex machine learning outputs into easy-to-understand narratives, making model predictions more accessible to users, and helping…

Artificial Intelligence · Computer Science 2025-04-02 Ahsan Bilal , David Ebert , Beiyu Lin

We investigate whether large language models (LLMs) can successfully perform financial statement analysis in a way similar to a professional human analyst. We provide standardized and anonymous financial statements to GPT4 and instruct the…

Statistical Finance · Quantitative Finance 2025-02-24 Alex Kim , Maximilian Muhn , Valeri Nikolaev

Large language models (LLMs) have shown the potential of revolutionizing natural language processing tasks in diverse domains, sparking great interest in finance. Accessing high-quality financial data is the first challenge for financial…

Statistical Finance · Quantitative Finance 2025-11-18 Hongyang Yang , Xiao-Yang Liu , Christina Dan Wang