Tag: Financial industry

Bank of America's new AI-powered tool, Banker Assist, is revolutionizing banking. With access to internal and external databases, Banker Assist helps bankers research clients and increases their efficiency by saving hours of research for each client brief. The goal is to increase productivity while also identifying credit lines and relationships with competitor banks. Bank of America is focused on deploying tools that truly understand client's needs and increasing employee effectiveness.

Discover how AI is changing the game for antitrust laws, and why it's vital to have an experienced antitrust lawyer on your side. Learn more with Perkins Coie.

The AI stocks surge may be blinding investors to a recession warning given by Stan Druckenmiller's indicator, fueled by a decline in cyclical sectors. Despite this, AI tech continues its ascension with OpenAI's GPT 3.5 language processing model.

Discover the potential of AI in the financial industry with the latest success of ChatGPT outperforming leading UK investment funds in a stock picking compeition. With an AI portfolio of over 30 stocks recording a gain of 4.9%, Finder's CEO Jon Ostler issued a warning against relying solely on AI for stock prediction. Learn more about the ChatGPT revolution and how to seek qualified financial advice.

. In this groundbreaking study, the University of Florida researchers have discovered the potential of using AI to predict stock market returns using sentiment analysis of news headlines. With the ChatGPT language model outperforming traditional methods, this has the potential to revolutionize the way financial institutions approach investing. Get the inside scoop on the applications of AI in the financial world, and the possible impacts it can have on markets.