I've been using https://www.investormeetcompany.com/ almost since it started, mainly for the presenations. I'd rather pick up my RNS, which is available on the site, directly from the LSE News Explorer:
https://www.londonstockexchange.com/new ... etypes=1,2
But, while I was waiting for a presentation to load I noticed they were showing AI technology on the splash page, so I thought I'd have a quick look.
I was interested to see that it's actually a summary of RNS via AI, under the RNS feed tab:
https://www.investormeetcompany.com/news-items
An example, this morning's Interim Report for IPO the AI churns out:
"AI Summary
IP Group plc reported good progress in its half-yearly results for the period ending June 30, 2024, with a focus on cash proceeds and portfolio development. Key highlights include:
Cash Proceeds: A total of £3.4 million from disposals, with an additional £41.2 million expected in the second half (including proceeds from the sale of Garrison Technology for £30 million).
Investment Activity: £49.1 million invested across 23 companies in high-growth sectors, with £380 million raised in the portfolio during the period.
Financial Position: NAV per share decreased to 104.7p (down 9% from the previous year), with an overall loss of £109.9 million due to a significant decline in the market value of listed holding Oxford Nanopore.
Balance Sheet: Maintained a strong cash position of £161.3 million at period-end, later increasing to £183.7 million.
Share Buyback Program: Continued share buyback amidst a price discount to NAV, completing £8.1 million of a £20 million plan.
Portfolio Developments: Positive clinical data reported from life sciences companies, resilience in deeptech with strong growth in cybersecurity firm Featurespace, and significant funding raised in cleantech.
The outlook remains positive reflecting improving market conditions and confidence in future exits."
I thought it might be interest when it's a busy reporting morning, keeping notes or first stage research.
Overall, I'm very impressed with the site and the way it's developing. At first I was concerned about privacy and it generating junk mail, so I gave it's an aliased email, but nothing. I'm impressed enough to have shelved my own plans to try and use AI to make summary reports.
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AI Summary
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- Lemon Slice
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- Lemon Slice
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Re: AI Summary
formoverfunction wrote:I thought it might be interest when it's a busy reporting morning, keeping notes or first stage research.
I get the impression text summaries are one of the few areas where AI is having a proper impact on productivity. I've used them for news articles too. You do have to keep your wits about you a bit as sometimes as you'll read something that sounds fine at first glance but doesn't quite feel right. And when you go to the source you see it's mixed something up. But that's rare and possibly getting rarer now.
As an aside, I used to be a language translator before Google Translate came to that field. I've not done professional translation since then but understand these days the pros will do a first-pass machine translation to use as a "rough", then refer to the original to sort out issues of style, ambiguity or the inevitable plain mistake. Maybe back translate it for a quick check (because the client will!), then email it off. The downside is that I was charging £200 per 1,000 words back in 1997 whereas now it's about £20!
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- Lemon Slice
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Re: AI Summary
I've found the summaries quite useful, I still read the full text, then the summary. I keep a local version as they are on average well under 100k, so it's useful for notes, watch lists etc.
I haven't yet tried it, but the idea of having AI summeries video presentations appeals.
I haven't yet tried it, but the idea of having AI summeries video presentations appeals.
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- Lemon Quarter
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Re: AI Summary
There's not the remotest chance I'd use AI summaries for my investing purposes given the current state of the art except in some rare cases when I can check the output thoroughly. Complete waste of time. I'd never know when the information was reliable or completely fabricated and would have to refer to the original to verify every fact. How does that help?
I recently asked an AI to help tidy up some OCR text. It went beyond the brief and started removing bits and adding in others. Without thoroughly checking you just don't know what the output will be -- and I expect all liability for consequential loss is excluded in the contract.
GS
I recently asked an AI to help tidy up some OCR text. It went beyond the brief and started removing bits and adding in others. Without thoroughly checking you just don't know what the output will be -- and I expect all liability for consequential loss is excluded in the contract.
GS
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- Lemon Slice
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