‘VikingGPT’ Helps Hedge Fund Giant Wrestle With Trade Ideas

When Viking Global Investors rolled out its latest in-house artificial intelligence chatbot, traders and dealmakers wasted no time putting it to work.

Teams across the $53 billion firm sent three questions per working minute to “VikingGPT 2.0” in August — a 400% jump over the same period last year. The proprietary generative AI model is shouldering grunt work, helping staff bat around trade ideas and speeding up operations, according to an investor letter seen by Bloomberg. In one instance, Deputy Chief Investment Officer Previn Mankodi used it as a “skeptical avatar” to challenge an investment thesis.