Morgan Stanley’s bid to revolutionize Wall Street research with AI 😳🤖; LendingClub poised for continued growth as FinTech lending leader 😤💸

FinTech is Eating the World, 24 October

Hey Everyone,

Good morning & happy Friday! Today we’re looking into Morgan Stanley which is aiming to revolutionize Wall Street research with AI (what it’s all about & where’s the value add + more bonus reads on AI in Finance & a deep dive into Morgan Stanley’s latest financials), and LendingClub which seems to be poised for continued growth as FinTech lending leader (breaking down the key numbers, what they mean & why LendingClub is worth your time and money in 2024 & beyond). Let’s just jump straight into the amazing stuff 🌶️

Morgan Stanley’s bid to revolutionize Wall Street research with AI 😳🤖

The news 🗞️ Banking giant Morgan Stanley MS 0.00%↑ has just launched AskResearchGPT, a sophisticated generative AI assistant that transforms how investment banking, sales, trading, and research staff access and utilize the firm's vast research resources.

The system, powered by OpenAI's GPT-4 model, enables employees to efficiently analyze and synthesize insights from more than 70,000 annual proprietary research reports.

Let’s take a quick look at this and see why it matters.