{"id":16547,"date":"2024-07-27T09:17:38","date_gmt":"2024-07-27T01:17:38","guid":{"rendered":"https:\/\/www.1ai.net\/?p=16547"},"modified":"2024-07-27T09:17:38","modified_gmt":"2024-07-27T01:17:38","slug":"ai%e5%88%86%e6%9e%90%e5%b8%88%e7%99%bb%e9%99%86%e5%8d%8e%e5%b0%94%e8%a1%97%ef%bc%8c%e6%91%a9%e6%a0%b9%e5%a4%a7%e9%80%9a%e5%bc%80%e5%a7%8b%e5%86%85%e9%83%a8%e6%8e%a8%e5%b9%bf%e8%81%8a","status":"publish","type":"post","link":"https:\/\/www.1ai.net\/en\/16547.html","title":{"rendered":"&quot;AI Analyst&quot; landed on Wall Street, JPMorgan Chase began to promote chatbots internally"},"content":{"rendered":"<p data-vmark=\"03dc\">According to a report in the Financial Times today,<a href=\"https:\/\/www.1ai.net\/en\/tag\/%e6%91%a9%e6%a0%b9%e5%a4%a7%e9%80%9a\" title=\"[View articles tagged with [JP Morgan]]\" target=\"_blank\" >JPMorgan Chase<\/a>Started rolling out a generative AI product within the company, telling employees that this \u201cown version of ChatGPT\u201d could do the work of a research analyst.<\/p>\n<p data-vmark=\"865c\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-16548\" title=\"e0013be5-6eec-4545-9e26-24b24194e430.jpg@s_2w_820h_461\" src=\"https:\/\/www.1ai.net\/wp-content\/uploads\/2024\/07\/e0013be5-6eec-4545-9e26-24b24194e430.jpg@s_2w_820h_461.jpg\" alt=\"e0013be5-6eec-4545-9e26-24b24194e430.jpg@s_2w_820h_461\" width=\"820\" height=\"461\" \/><\/p>\n<p>\u25b2 Image source: JPMorgan Chase<\/p>\n<p data-vmark=\"c364\">The report cited an internal memo from JPMorgan Chase saying the company has provided a large language model platform called LLM Suite to employees in its asset and wealth management division. Executives told employees that LLM Suite can help them by accessing third-party models.<strong>Writing, generating ideas and summarizing documents<\/strong>.<\/p>\n<p data-vmark=\"7f6a\">LLM Suite is described as a &quot;ChatGPT-like product&quot; for<strong>General productivity<\/strong>\u201d field. People familiar with the matter said that JPMorgan Chase began rolling out LLM Suite to some bank employees earlier this year and currently has about 200 employees.\u00a0<strong>50,000 employees<\/strong>(about 15% of its total employees) have access to the platform, but the company did not disclose how many research analysts it employs.<\/p>\n<p data-vmark=\"ce24\">This product, which has not been reported before, is<a href=\"https:\/\/www.1ai.net\/en\/tag\/%e5%8d%8e%e5%b0%94%e8%a1%97\" title=\"[View articles tagged with [Wall Street]]\" target=\"_blank\" >Wall Street<\/a>One of the biggest use cases for large language models. In addition, Morgan Stanley and OpenAI announced a partnership to use products for its wealth management business.<\/p>\n<p data-vmark=\"6847\">According to previous reports by IT Home, Citigroup reported in June this year that approximately 54% positions in the banking industry are likely to be automated.<\/p>\n<p data-vmark=\"2102\">Citigroup says AI could replace banking jobs<strong>Perhaps more than any other industry<\/strong>, because AI will disrupt consumers at the financial level and improve employee work efficiency. At the same time, 12% positions in the banking industry will be enhanced by AI.<\/p>","protected":false},"excerpt":{"rendered":"<p>JPMorgan Chase has begun rolling out a generative AI product internally, telling employees that this \"own version of ChatGPT\" can do the work of research analysts, the Financial Times reported today. The report cites an internal JPMorgan memo that says the company has made a large-scale language modeling platform called LLM Suite available to employees in its asset and wealth management division. Executives told employees that LLM Suite can help them write and generate ideas and summary documents by accessing third-party models. LLM Suite is described as a \"ChatGPT-like product\" for the \"general productivity\" space. JPMorgan Chase earlier this year began offering the LLM Suite to some banks, people familiar with the matter said.<\/p>","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[146],"tags":[3735,279,2678,275],"collection":[],"class_list":["post-16547","post","type-post","status-publish","format-standard","hentry","category-news","tag-ai","tag-279","tag-2678","tag-275"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/posts\/16547","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/comments?post=16547"}],"version-history":[{"count":0,"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/posts\/16547\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/media?parent=16547"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/categories?post=16547"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/tags?post=16547"},{"taxonomy":"collection","embeddable":true,"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/collection?post=16547"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}