JPMorgan may soon launch an AI tool similar to ChatGPT

2023-05-25 19:13:34 ET

JPMorgan Chase & Co (

NYSE: JPM

) is working on a software similar to ChatGPT that will use artificial intelligence to offer investment advice.

Here’s what we know so far

On Thursday, the financial services behemoth filed with the U.S. Patent and Trademark Office (PTO) to trademark IndexGPT – a tool that the

filing

defines as:

Cloud computing software using artificial intelligence for analysing and selecting securities tailored to customer needs.

The news arrives…