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AI will judge your entire financial life – and Moody’s is stoked about it

Quartz – The credit-rating firm provided a window into how generative AI could change its business – “A lot of CEOs are highlighting AI initiatives on earnings calls with investors and analysts. Add Moody’s to the list. The firm, which rates the creditworthiness of institutions including companies and governments, cited “GenAI” at least 33 times in its earnings call Tuesday. At a moment when generative artificial intelligence is going from buzz to actually helping companies drive revenue, that wasn’t enough to lift Moody’s stock, which fell almost 8% Tuesday after it missed earnings expectations. But AI remains poised to disrupt the financial services industry. Here’s what Moody’s executives have said about how its different tools are using generative AI…”

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