10.22.25
OpenAI Looks To Reduce Junior Bankers’ Workload
by: Omar El Chmouri
OpenAI is enlisting over 100 former investment bankers to train an AI chatbot to automate some of the routine work of junior bankers. Project Mercury pays participants $150 per hour and provides early access to the AI, with contractors submitting one model per week, writing simple prompts, executing models and receiving feedback. The initiative aims to make AI more useful to finance, consulting and other industries while reducing analysts' time spent on Excel and PowerPoint tasks.
Read the full article on Bloomberg