Junior Bankers Spend Hours Building Models And Pitchbooks. OpenAI Wants ChatGPT To Do That Work.

Source: International Business Times

OpenAI is expanding ChatGPT into financial services as banks increasingly adopt artificial intelligence for research, analysis and other everyday workflows. OpenAI is taking ChatGPT deeper into investment banking with a new financial-services product that can build models, analyze companies and prepare client presentations, putting artificial intelligence directly into tasks that have traditionally occupied much of a junior banker's working day. ChatGPT for Financial Services was developed with Morgan Stanley and Evercore as design partners and is initially focused on investment banking and equity research.