Nov 5 • 🤖 AI
ChatGPT Enters Wall Street 🏦
OpenAI is quietly building a finance-savvy version of ChatGPT by hiring over 100 ex-investment bankers to teach it how to handle complex financial modeling and pitch decks. Yep, this could be the start of AI going full Wall Street.
Here’s what’s going down:
- OpenAI calls it “Project Mercury”
- Bankers get $150/hour to train AI on Excel models and PowerPoint tweaks
- Goal is to target the banking industry with serious B2B tools
- Enterprise clients could be a key growth engine beyond $20 consumer subscriptions
- Signals growing trend of AI automating high-paying, white-collar grunt work
Do you think AI will fully take over finance workflows, or will there always be a human piece to the puzzle?
Read the full article here: https://sherwood.news/tech/openai-has-an-army-of-ex-investment-bankers-making-financial-models-to-train/
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ChatGPT Enters Wall Street 🏦
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