Natural Language Processing (NLP) Definition

Natural Language Processing (NLP)

Definition of what Natural Language Processing (NLP) stands for (in finance):

Method within the field of artificial intelligence (AI) for human speech (text or audio) processing by computers based on rules and algorithms. The goal of NLP is direct communication between humans and computer systems based on natural (written or spoken) language. NLP is used in the financial sector for sentiment analysis or in the context of chatbots or virtual assistants.


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