JPMorgan launches in-house chatbot as AI-based research analyst, FT reports

JPMorgan Chase has begun rolling out a generative artificial intelligence (AI) product, telling employees that its own version of OpenAI’s ChatGPT can do the work of a research analyst, the Financial Times reported on Friday.

The lender, the biggest in the United States, has given employees of its asset and wealth management division access to a large language model called LLM Suite, that helps them with writing, idea generation and summarising documents, the report said, citing an internal memo seen by FT.