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. The company said the product can perform comparable-company and valuation analysis, build leveraged buyout models, screen potential buyers, analyze earnings and prepare pitchbooks.
