Bloomberg, AppliedXL launch AI-powered biotech news feed

Bloomberg and AppliedXl have launched an artificial intelligence-powered real-time news feed covering biotech for terminal clients.

Bloomberg terminal users will be alerted to issues in clinical trials of new drugs and other events that may move the markets. They will also get analysis of how those issues impact an individual company as well as related companies and markets.

“We’re excited to empower Bloomberg terminal uses with AppliedXL’s well-formulated, real-time news briefings that help them get ahead of the curve,” said Francesco Marconi, co-founder and CEO of AppliedXL, in a statement.

AppliedXL has developed and audited its artificial intelligence in collaboration with journalists who use their expertise to review data, help develop interpretations, and validate the quality of the output during the AI training process.

The AI technology runs an automatic fact-checking process to help decipher accurate information.

Chris Roush

Chris Roush was the dean of the School of Communications at Quinnipiac University in Hamden, Connecticut. He was previously Walter E. Hussman Sr. Distinguished Professor in business journalism at UNC-Chapel Hill. He is a former business journalist for Bloomberg News, Businessweek, The Atlanta Journal-Constitution, The Tampa Tribune and the Sarasota Herald-Tribune. He is the author of the leading business reporting textbook "Show me the Money: Writing Business and Economics Stories for Mass Communication" and "Thinking Things Over," a biography of former Wall Street Journal editor Vermont Royster.