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Which bank will next announce an AI tool like AskResearchGPT by end of 2025?
3
Resolution / Starting Odds
Goldman Sachs • 25%
Bank of America • 25%
Citigroup • 25%
Other • 25%
Official announcements from financial institutions or reputable financial news sources
Story
Morgan Stanley Expands OpenAI-Powered AskResearchGPT for Investment Banking, Nearly Half of Employees Using AI Tools
Oct 24, 2024, 10:19 AM
Morgan Stanley is expanding its use of OpenAI-powered generative artificial intelligence tools within its investment banking and trading division. The new tool, named AskResearchGPT, is designed to assist institutional securities staff in quickly extracting insights from the bank's extensive research resources. Nearly half of Morgan Stanley employees have reportedly utilized tools based on OpenAI's technology, reflecting a broader trend among major financial institutions, including JPMorgan, to integrate AI into their operations. This move underscores the growing reliance on AI for investment insights and trading strategies on Wall Street.
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Similar markets
Bank of America • 25%
Wells Fargo • 25%
Citibank • 25%
Other • 25%
Goldman Sachs • 25%
Morgan Stanley • 25%
Bank of America • 25%
Citigroup • 25%
JPMorgan Chase • 13%
Citi • 13%
Goldman Sachs • 13%
Other • 13%
Morgan Stanley • 13%
Santander • 13%
Wells Fargo • 13%
SMBC • 13%
Morgan Stanley • 25%
JPMorgan • 25%
Goldman Sachs • 25%
Other • 25%
Walmart • 33%
Amazon • 33%
Costco • 33%
AI-driven fraud detection tool • 25%
AI-based transaction optimization tool • 25%
AI-powered regulatory compliance tool • 25%
No new tool developed • 25%
AskResearchGPT • 25%
JPMorgan's AI tool • 25%
Goldman Sachs AI tool • 25%
Other • 25%
Bank of America • 25%
JPMorgan Chase • 25%
Wells Fargo • 25%
Other • 25%
Yes • 50%
No • 50%
Morgan Stanley • 33%
Goldman Sachs • 33%
Bank of America • 33%
Bank of America • 25%
Wells Fargo • 25%
Citibank • 25%
Goldman Sachs • 25%