ChatGPT’s role on Wall Street is evolving.
OpenAI announced ChatGPT for Financial Services on Thursday, its latest foray into crafting AI tools for specific sectors. The product will bring a new glut of financial data directly into ChatGPT and provide bankers with a new way to check the tool’s work.
As OpenAI prepares for a gigantic initial public offering expected in 2027, its latest release fits into two of its larger strategies: selling tools companies can use to automate work and building on its core AI products with industry-specific offerings.
The finance industry has already started embracing AI tools. Morgan Stanley adopted ChatGPT…
