Daiwa Securities Group, a Japanese brokerage firm, has enabled its 9,000 employees to use AI-powered chatbot ChatGPT to streamline its retail business and help traders execute orders for corporate customers more efficiently. Daiwa is empowering its workforce with AI, training staff to become experts in the field, according to Seiji Nakata, a senior executive at the company. Science, technology, engineering, and maths degree holders account for 21% of new college graduates hired by Daiwa this year and this is expected to increase to 50% in the future. Deutsche Bank and JP Morgan Chase are also leveraging AI in financial operations. Interest in AI is growing in Japan with Softbank Group’s mobile unit proposing to build a version of ChatGPT and MUFG preparing to enable employees to use the chatbot for daily work.
Japanese Daiwa Brokerage Firm Empowers Workforce with AI-Powered ChatGPT
Date:
Frequently Asked Questions (FAQs) Related to the Above News
Please note that the FAQs provided on this page are based on the news article published. While we strive to provide accurate and up-to-date information, it is always recommended to consult relevant authorities or professionals before making any decisions or taking action based on the FAQs or the news article.
More like thisRelated
Google AI Set to Rival Samsung Galaxy AI with Pixel 9 Features
Google AI is set to rival Samsung Galaxy AI with Pixel 9 features, introducing new capabilities like Add Me and Pixel Screenshots.
UN General Assembly Adopts Resolution Enhancing AI Cooperation for Developing Countries
UN General Assembly passes a resolution to enhance AI cooperation for developing countries, bridging the technology gap and promoting international collaboration.
Google Awards $150,000 to Black and Latino AI Startups
Google supports Black and Latino AI startups with $150,000 awards and Google Cloud credits through Founders Funds program. Empowering underrepresented founders.
Google’s 2023 Greenhouse Gas Emissions Jump 13%, Driven by AI Demand
Google's 2023 greenhouse gas emissions spike by 13% due to AI demand, but remains committed to net-zero emissions by 2030.