Tag: Asset Management

Neuberger Berman Large Cap Growth Fund senior portfolio manager Charles Kantor recently highlighted how OpenAI's potential to add value to tech adopters might not be fully accounted for. Kantor stated that Open AI could add up to 5% of value to companies’ equity. Neuberger Berman, a global asset management organization founded in 1939, is actively seeking out growth opportunities and delivering value to its clients.

Sberbank, the biggest banking institution in Russia, just launched its AI-powered chatbot Gigachat, a rival chatbot to Microsoft-backed ChatGPT. The latest technology is based on Artificial Intelligence and has features like conversational proficiency in Russian and generating images unavailable to ChatGPT. It is currently available to a select group of testers via a closed-access Telegram channel.

The University of Florida researchers have found that ChatGPT outperforms traditional stock market analysis methods, allowing it to successfully predict stock prices. A.I. algorithms can have multiple implications for investment funds, but it is only 51% accurate, and individual investors should remain cautious. Discover the groundbreaking implications of the research and figure out if A.I. algorithms could help in asset management.

JPMorgan is requiring its managing directors to be present in the office five days a week following Memorial Day, bringing an end to remote work. Goldman Sachs CEO, David Solomon, emphasizes the importance of the office environment. JPMorgan has welcomed Kathleen Corradi, its first-ever director for Rodent Mitigation in NYC. Salt Lab's, an app for low-income workers to build wealth; AI recruitments; and 3D-printed homes are all on the rise. JPMorgan invests in local communities to create economic opportunity.