OpenAI has enlisted over 100 former investment bankers to train AI models on financial modeling tasks, according to leaked documents. Experts suggest this automation will transform rather than eliminate entry-level positions, with analysts shifting to more complex work.
OpenAI’s Wall Street Ambitions
OpenAI is reportedly developing artificial intelligence systems to automate entry-level financial tasks, according to documents obtained by Bloomberg. Sources indicate the company has recruited more than 100 former investment bankers from major institutions including JPMorgan Chase, Morgan Stanley, and Goldman Sachs to contribute expertise to a project code-named “Mercury.”