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JPMorgan pitches in-house chatbot as AI-based research analyst

About 50,000 staff are using a large language model designed by the bank to boost productivity

JPMorgan Chase has begun rolling out a generative artificial intelligence product, telling employees that its own version of OpenAI’s ChatGPT can do the work of a research analyst.

The US bank has given employees of its asset and wealth management division access to a large language model the bank is calling LLM Suite, according to an internal memo seen by the Financial Times.

Executives told staff LLM Suite can help them with writing, idea generation and summarising documents.

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