As artificial intelligence edges into every aspect of our life, it’s becoming clear that the broad capabilities of large language models (LLMs) like those from OpenAI aren’t always the perfect fit for ...

More financial advisors are teaming up with model portfolio providers to use their models as a foundation for customization. Custom model portfolios can be adjusted to meet the specific preferences of ...

Third-party model portfolios had $646 billion in assets under advisement as of March 31, 2025—an increase of 62% since Morningstar last surveyed for assets in June 2023, less than two years ago.

OpenAI has been developing a comprehensive AI base layer, which includes GPT, Sora, Whisper, and other components, to serve as a foundation for various applications across different industries. The ...

Databricks AI Runtime (AIR) is now Generally Available (GA), helping teams train and fine-tune models faster on serverless NVIDIA GPUs without the complexity of managing GPU infrastructure. AIR ...

Creative design giant Adobe is beefing up the products it offers businesses to include custom generative AI models. Adobe launched Adobe AI Foundry on Monday, a new offering that allows enterprises to ...

A new Amazon service lets business customers build their own frontier models off of the Bedrock AWS managed services hub. Billed as an “open training” service, this new application of Amazon Nova ...

The startup, which plans to make its custom AI models and their training data open source, is also expanding its research team Harvey Labs. Legal artificial intelligence startup Harvey announced ...

As part of the broader trend of increased adoption of model portfolios, advisors are increasingly working with asset managers to build custom models to offer to clients, according to new research from ...