Tag: JP Morgan

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JPMorgan’s AI Chatbot Offers Investment Guidance

JP Morgan is developing a new AI-powered chatbot called IndexGPT, which will help clients make smarter investments by selecting personalized securities. With a team of 1,500 experts in data science and machine-learning, the bank is exploring more use cases for AI and GPT technology. The launch date for IndexGPT is yet to be announced.

JPMorgan Innovates With New Finance Chatbot Clone IndexGPT

JPMorgan Chase has recently filed for a US trademark application for its innovative chatbot, IndexGPT, to be used for marketing and financial services, such as index of securities values and investing advice. To stay ahead of competitive AI race, JP Morgan has employed 2000 data scientists and machine learning experts. News about AI like Open AI's ChatGPT came to light in Nov'20, creating an AI arms race. Regulation is needed for the emergent AI capabilities to be used responsibly.

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