LSEG Pays $3.5 Billion to Feed Wall Street’s AI

LSEG Pays $3.5 Billion to Feed Wall Street’s AI

Artificial intelligence is reducing the time and cost of financial research, but the data behind that research is becoming more valuable. Two investments announced Thursday (Oct. 22) illustrate the shift. London Stock Exchange Group (LSEG) announced that it is acquiring credit intelligence provider Octus for $3.535 billion. Cognitive Credit, a provider of corporate debt-market intelligence, […] The post LSEG Pays $3.5 Billion to Feed Wall Street’s AI appeared first on PYMNTS.com.

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