Launched in April 2024 by Governor Kathy Hochul, Empire AI is a bold partnership of New York’s leading public and private universities coming together to establish a state-of-the-art artificial intelligence computing center, housed at SUNY’s University at Buffalo. Empire AI is already facilitating statewide innovation, research, and development of AI technologies.
From transaction data to news archives, AI reveals how information shapes markets
These projects explore how information moves through financial markets and how it can be used to gain a performance edge. One effort applies generative AI to predict the next public market trade—treating sequences of trades like sequences of words—by training large language models on vast transaction and quote datasets. Another uses AI to mine insights from historical financial news and reports, while carefully avoiding “look‑ahead bias” so that back‑tests mirror real‑world conditions. Together, they aim to improve predictive models, uncover hidden patterns in trading behavior, and help investors and researchers better process the immense flow of market information.

