London Stock Exchange Signs AI Deal with Databricks

[Tunde]

The London Stock Exchange (LSEG) has just partnered with Databricks to roll out AI-powered analytics for risk, forecasting, and trading. This feels like another big push towards tech in finance. I’ve personally seen how AI tools like ChatGPT make life easier. You all can imagine that power in the hands of traders. It would make a big difference.

• AI to improve risk modeling
• Better market forecasting
• Data-driven investment tools

Will AI really make trading smarter, or just riskier? I’d love to hear your views.

[MarketMavin]

AI is in everything now. You can even use it to draft emails at work. If the stock exchange uses it right, maybe traders would get info faster, who knows.

[Bola]

I don't trust it that much. One little bug can cost you billions. There is nothing wrong with using AI. They are fine but anything related to money still needs human eyes.