Welcome to the first Neudata tidbits of the year. This month we discuss the AI boom and renewed interest in macroeconomic data.

AI AND ALTERNATIVE DATA

Huge growth in the popularity of AI in 2023 quickly filtered through to the alternative data space. It seems like everyone is working on their own AI models or leveraging the technology internally somehow. Recently, we’ve seen a few sentiment vendors partnering with OpenAI to integrate ChatGPT into their user-facing platforms. While regulators were initially caught off guard by the speed of development, that’s now changing. The EU is taking the lead with proposed rules that will likely establish a worldwide standard for AI governance.