Fintech platform OpenBB seeks to outdo traditional terminals like Bloomberg’s by offering free and open-source alternatives.

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The article discusses the fintech company OpenBB, which is an open-source alternative to Bloomberg. The company’s CEO, Lopes, explains that their top-line goal is to be the best AI-powered research and analytics workspace, building as much open source as possible.

Here are some key points from the article:

  • OpenBB has rebranded from a previous name 18 months ago and filed to trademark its new name last year.
  • The company received a request for a 90-day extension on the trademark application from the United States Patent and Trademark Office (USPTO), which was submitted by Bloomberg.
  • Lopes, the CEO of OpenBB, is not worried about the potential trademark tiff with Bloomberg, as he believes that the "BB" in his company name does not refer to Bloomberg.
  • OpenBB gives users the flexibility to build out their own front-end interface, add features and extensions on top of the open source product, and customize ’til the cows come home.
  • The company has a strong focus on building an AI-powered research and analytics workspace, with as much open-source development as possible.

The article also mentions some potential competition from Bloomberg, but notes that OpenBB is targeting a different market segment.