Get all your news in one place.
100's of premium titles.
One app.
Start reading
Fortune
Fortune
Jason Ma

JPMorgan will play more 'Moneyball' as the Wall Street giant expands use of an AI tool to help portfolio managers 'correct for bias'

robot analyzes stock prices (Credit: Getty Images)

Artificial intelligence is increasingly playing a role in helping with investment decisions at top asset managers, and that includes the biggest bank by market cap.

Later this year, JPMorgan will expand the use of a generative AI tool known as "Moneyball" to help portfolio managers avoid bad calls, such as potentially selling hot stocks too soon, according to the Financial Times.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.