FI-0139Fintech & PaymentsMedium
HallucinationBloomberg issued at least 36 corrections to AI-generated Terminal news summaries
Bloomberg launched AI-generated bullet-point summaries atop its Terminal and website articles on January 15, 2025, and subsequently had to issue at least 36 corrections for errors including wrong dates, inaccurate figures, and misattributed claims. Specific errors included incorrectly stating when Trump tariff actions would take place and falsely claiming the United Steelworkers opposed a mill owner's plans. Bloomberg stated that 99 percent of AI summaries met editorial standards and that journalists retained full control over whether summaries appeared.
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- Medium (multi-source)