Textual Novelty Detection

How to use Minimum Covariance Determinant (MCD) to detect novel news headlines

In today’s information age, we’re inundated with news articles on a daily basis. Many of these articles are merely restatements of the same facts, but some contain genuinely new information that can have a major impact on our decision-making. For example, someone looking to invest in Meta may want to focus on articles that contain exclusive information, rather than those …

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