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Why this investment bank is embracing AI and ChatGPT for its dealmakers

Alantra says new technology has already backed 200 deals and identified 600 potential clients

Why this investment bank is embracing AI and ChatGPT for its dealmakers
Photo: Getty Images

Mid-market investment bank Alantra is using artificial intelligence and exploring tools like ChatGPT to help its dealmakers as banks try to streamline workloads for juniors during a retention crisis.

A team of 50 technology dealmakers, data scientists and product specialists now work in Alantra’s newly created digital advisory practice, working on AI projects for its investment bankers, CEO of new businesses Patricia Pascual Ramsay told Financial News.

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