Browsing: Financial

I like the idea of AI taking care of boring tasks, including sorting through bills and financial paperwork. I can even see the appeal of it helping with shopping. But asking an AI assistant for financial advice and simply handing over the keys to your bank account are different, and this distinction is becoming a…

AI hasn’t benefited the bottom line of any big corporations outside the tech industry, according to a note recently published by the chief economist at Apollo Global Management (the private equity giant that used to own TechCrunch).

We have all watched AI assistants become a permanent fixture on our phones over the last few months, yet finding one that genuinely takes everyday chores off your plate is still surprisingly rare. Most general-purpose AI chatbots are great if you want to brainstorm ideas or summarize an article, but they hit a wall when…

A trading AI can be accurate and still be economically useless. It can also produce an excellent backtest and still fail to provide convincing evidence that it has learned anything durable. These are not separate problems. They are different stages of the same validation problem.

AI governance is becoming essential as automation moves into financial reporting.

OpenAI has launched a new version of ChatGPT built specifically for people working in finance. ChatGPT for Financial Services is a specialized version of ChatGPT Work designed for financial institutions. It combines GPT-6 Astrawith financial data, research tools and the ability to create everything from valuation models to client presentations.