News Summary

• OpenAI has launched a version of ChatGPT for banks and investment firms, with licensed market data built into the product.
• It is designed around the work financial analysts already do, including valuations, leveraged buyout models, buyer screening, earnings analysis, and pitchbooks.
• The product was announced on Thursday.
• It runs on GPT-6 Astra and was developed with Morgan Stanley and Evercore.
• OpenAI is selling it to eligible financial institutions, although it has not published a price.