Loading...
Market
Will AskResearchGPT significantly boost Morgan Stanley's revenue in 2025?
2
Resolution / Starting Odds
Yes • 50%
No • 50%
Morgan Stanley's financial reports or reputable financial analysis
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.
View original story
Similar markets
M&A Activities • 25%
Debt Issuance • 25%
Wealth Management • 25%
Other • 25%
Wealth Management • 50%
Investment Banking • 50%
Investment Banking • 25%
Trading • 25%
Wealth Management • 25%
Other • 25%
Yes • 50%
No • 50%
Increased productivity • 25%
Cost savings • 25%
Improved research quality • 25%
Enhanced idea generation • 25%
Significant revenue increase • 25%
Moderate revenue increase • 25%
No significant change • 25%
Decrease in revenue • 25%
