ChatGPT

Deloitte triples number of auditors using AI chatbot

Big Four firm’s bosses say AI will have a positive impact on junior staff

2 min read

‘It’s what everyone’s talking about’: AI leaders on finance’s upcoming revolution

Catch up as FN asked four top minds to talk us through the City’s technology transition

7 min read

Some banks banned ChatGPT, but poll suggests hedge funds want to press ahead

Hedge funds open door to AI despite banks rolling back

A fifth of hedge fund managers believe AI will disrupt portfolio management

2 min read

OpenAI researchers offered new roles in finance after CEO Sam Altman's dramatic departure

XTX boss offers to poach OpenAI leavers for trading roles

Market-maker looks to cash in as staff at the AI firm threaten to quit

2 min read

Benjamin Lucas: 'Asset managers aren't necessarily all deep tech investors, or even have large dedicated technology functions'

Amundi eyes tech division growth as rivals seek AI help

Amundi Technology, which is seen as a rival to BlackRock's Aladdin platform, wants to grow revenue on the back of strong client appetite for AI

3 min read

Abrdn joins a growing list of financial services giants that have begun experimenting with AI technology

Abrdn staff pilot in-house AI tool

'Everyone has ideas about how this can enhance the business'

3 min read

Housed in its own room, the 2m tall, 1.5m-wide Wallace supercomputer is cooled by a dielectric liquid system

Meet the hedge fund with no portfolio managers ‘capable of quadrillions of floating point calculations per second’

Castle Ridge executives said that AI has evolved enough to adapt and make investment decisions better than human portfolio managers

3 min read

Man Group's CTO Gary Collier: 'The fact that [ChatGPT's] impact is so obvious means its adoption will be much more widespread'

Man Group CTO: ‘AI may build its own successor’ but beware ‘hallucination’

Collier says that ChatGPT’s presentation of plausible fiction as fact is an issue

6 min read

Man Group's chief technology officer Gary Collier says the sophistication ChatGPT presents is a major step forward

Man Group develops ‘ManGPT’ to leverage artificial intelligence

CTO Gary Collier tells Financial News that ManGPT helps in idea formation

2 min read

Even some AI evangelists, such as Alphabet and Google boss Sundar Pichai, say the implications for jobs are highly complicated and uncertain

AI may prove big deal for finance — but don’t hold your breath

While 100m people may have tried ChatGPT, the number actually doing anything useful with it is pretty small

4 min read

AI funds managed by Allianz Global Investors, Amundi and L&G were among other European products that have already surpassed the amount of new money they gathered for 2022

ChatGPT hype fuels flows into AI funds with biggest lift for Europe-based products

AI and big data funds have collected more new money during the first five months of this year than they did for the whole of 2022

David Hunt of PGIM

PGIM explores using ChatGPT to automate ‘tedious’ work

The $1.3tn asset manager is using ChatGPT across its fixed income and real estate businesses

How ChatGPT is upending stock markets

Investors race to assess the rise of artificial intelligence as a possible ‘iPhone moment’

Goldman Sachs CIO: We could adopt generative AI ‘in months’

'We’re way more than just thinking about it, we’re really trying to prioritise certain use cases,' Marco Argenti says

Where is Wall Street’s AI revolution?

Few firms have found success turning all of their operations over to machines, quants say

5 min read