This list includes the top downloaded papers on AI in Finance posted in Q1 2025. It also includes the Top 5 Organizations that downloaded the research during this period.
1. AI-Powered (Finance) Scholarship by Robert Novy-Marx & Mihail Velikov
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2. Simulating the Survey of Professional Forecasters by Anne Lundgaard Hansen, John J. Horton, Sophia Kazinnik, Daniela Puzzello, & Ali Zarifhonarvar
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3. DeepSeek and FinTech: The Democratization of AI and Its Global Implications by David Krause
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4. Artificial Intelligence Asset Pricing Models by Bryan T. Kelly, Boris Kuznetsov, Semyon Malamud, & Teng Andrea Xu
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5. The Natural Language of Finance by Gerard Hoberg & Asaf Manela
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6. Machine Learning for Pairs Trading: a Clustering-based Approach by Francesco Rotondi & Federico Russo
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7. FinRL: A Deep Reinforcement Learning Library for Automated Stock Trading in Quantitative Finance by Xiao-Yang Liu, Hongyang Yang, Qian Chen, Runjia Zhang, Liuqing Yang, Bowen Xiao, & Christina Wang
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8. Large Language Models in Finance: Reasoning by Miquel Noguer I Alonso
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9. Axes that matter: PCA with a difference by Antoine Savine & Brian Norsk Huge
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10. Look-Ahead Bias in Large Language Models (LLMs): Implications and Applications in Finance by Miquel Noguer I Alonso
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