The arrival of AlphaSense Assistant, a generative AI conversation experience that transforms the way users naturally extract insights from millions of business and financial documents, is an imminent announcement by AlphaSense, a leading market intelligence and search platform. This is one of two significant platform enhancements. Second, as generative AI continues to transform the workplace, AlphaSense is the first of its kind to securely combine AlphaSense’s AI-powered search, summarization, and chat capabilities with the customer’s unique organizational knowledge and AlphaSense’s vast content space. is introducing its first service, Enterprise Intelligence.
“Currently, our more than 1,000 corporate clients use AlphaSense to securely search internal content, from trade data rooms to investment memos and other large repositories of internal insights, and access critical data. quickly and reliably,” said Jack Cocco. Founder and CEO of AlphaSense. “We are deploying AlphaSense Assistant’s generative AI and chat capabilities to our clients, using powerful search and AI technology to seamlessly discover internal and external insights from thousands of sources, all in one place. We couldn’t be more excited to bring our vision to life.Top.”
AlphaSense Assistant represents the next stage of artificial intelligence in market intelligence. Assistant is a conversational chat interface that sits on top of AlphaSense’s industry-leading information library and leverages AlphaSense’s unique purpose-built large-scale language model (ASLLM) to transform the research process for business and financial professionals. will be improved. For example, users can ask the assistant questions about proposed investments in new medical technology or discuss the pros and cons of manufacturing competition. Additionally, built-in auditing capabilities provide accurate and immediate responses, allowing users to easily check the context and validation of the original source.
Enterprise Intelligence seamlessly overlays AlphaSense’s market-leading AI capabilities, including AlphaSense Assistant and Smart Summaries, onto both the company’s own content and a wide range of public and private content. With Enterprise Intelligence, employees have access to a complete and unique view of their company’s market, industry, and competitors, with the option to deploy within the company’s private cloud.
For more than a decade, AlphaSense has been revolutionising the research process for business and financial experts by leveraging the most recent advancements in AI and NLP technology, gathering training data, and amassing a massive collection of top-tier, trustworthy business material. This makes generative AI capabilities a particularly powerful addition to AlphaSense’s customer base—which includes over 4,000 enterprise customers, the majority of the S&P 500, and nearly all of the world’s largest banks, investment firms, and consultancies—and makes it easier for every employee at an organisation to drive maximum business impact with innovative, safe, and accurate AI-powered market intelligence.
The announcements of these platforms follow AlphaSense’s recent $150 million Series E funding led by BOND at a $2.5 billion valuation, and the company’s first generative AI toolset. It follows several other significant company milestones in 2023, including the release of certain Smart Summaries. It adds $100 million to the company’s $225 million Series D funding round led by Alphabet’s CapitalG. And it was named one of the top 50 AI companies in 2023 by Forbes.
