Vlad Kliatchko, chief executive of Bloomberg, says it is too early to judge the financial return on the company's push into artificial intelligence, according to the Wall Street Journal.
Kliatchko has led the financial data and media company since 2023, having previously served as its chief product officer.
Bloomberg was founded by Michael Bloomberg in 1981 and built its business around the Bloomberg Terminal, a data, analytics and news platform used by financial professionals worldwide.
The company's conversational AI platform, ASKB, is now available to all Terminal users and can draw on Bloomberg's own data alongside customers' watchlists and Instant Bloomberg messaging threads.
The AI push follows BloombergGPT, a 50 billion parameter language model Bloomberg developed for financial applications, with more recent effort concentrated on embedding generative AI into Terminal workflows such as search, document analysis and earnings-call summaries.
Bloomberg is also extending its AI ambitions into private markets, having agreed in July to acquire Canoe Intelligence, an AI-powered private-markets data platform, for $1 billion.
The deal is aimed at linking Bloomberg's public-market data with private-market information and folding Canoe's capabilities into ASKB.
Bloomberg Intelligence has estimated that AI private-company deal value climbed above $150 billion in 2025, up from $23 billion in 2024, reflecting the scale of capital now flowing into the sector that Bloomberg is positioning itself to serve.
