XLF - From Speculation To Revelation: JPMorgan Reportedly Unveils IndexGPT AI Tool | Benzinga
A year after sparking speculation with its trademark application for “IndexGPT,” JPMorgan Chase & Co (NYSE:JPM) reportedly revealed the product’s details.
IndexGPT is a novel suite of thematic investment baskets developed using OpenAI’s GPT-4 model.
The tool utilizes keywords to identify companies associated with emerging themes, gleaned from news articles.
In essence, it automates the creation of thematic indexes, shifting from traditional sectors to trends like cloud computing and e-sports, tapping into Wall Street’s AI frenzy, according to a report from Bloomberg.
The launch echoes the growing interest in AI-driven investment strategies amid optimism for economic growth.
The report cited ...