Moody’s, Google Cloud partner over generative AI applications

Moody’s Corporation (MCO) and Google Cloud (GOOG) announced a new strategic partnership to explore bringing together Moody’s expertise in financial analysis and Google Cloud’s advanced generative AI technologies to help Moody’s customers and employees leverage new large language models to glean new financial insights and summarize financial data faster. The partnership is premised on three core objectives: Building LLMs to Accelerate Financial Analysis: Powered by Google Cloud’s gen AI platform, Vertex AI, and leveraging Moody’s unique analytical expertise, Moody’s and Google will explore co-creation of fine-tuned LLMs purpose-built for financial professionals, enabling customers to perform faster, deeper analyses of financial reports, disclosures and other materials. For example, customers will be able to interrogate, analyze, and draw decision-ready insight directly from financial disclosures. Enabling Access to Moody’s Data in BigQuery for Financial Insights: Moody’s will enable access to its proprietary datasets through BigQuery, Google Cloud’s serverless data warehouse, which helps customers manage, query, and analyze data. This integration will allow customers to combine Moody’s vast databases with their native data assets, and use them in combination with LLMs in Vertex AI. Customers will be able to build and access AI models, accelerating time-to-value through increased efficiency and individualized use cases for financial services professionals. Enhancing Enterprise Search for Financial Data: Moody’s will introduce Vertex AI Search to increase efficiencies by automating manual workflows and combining multiple data sets for easier summation, deeper insights, and overall improved productivity.