JPMorgan seems to be working on a ChatGPT-style tool that will enable AI-powered investing
The wording of JPMorgan's application suggests the tool will assist in providing financial data, offering investing advice, and analyzing and picking securities based on its customers' needs.
Morgan Stanley is also planning to introduce a similar chatbot that will be able to answer financial advisors' questions,AI large-language tools – and ChatGPT in particular – have exploded in popularity this year, boosting the stock prices of companies such as Nvidia and Microsoft and driving the market higher.
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