JPMorgan’s AI tool Analyzes Fed Speeches for Trade Signals
Banking giant JPMorgan has reportedly introduced an artificial intelligence (AI) tool which uses OpenAI’s ChatGPT to analyze Federal Reserve statements and speeches to identify potential trading signals. Bloomberg reported on April 27 that a Wall Street investment bank employs a ChatGPT-based language model to analyze the comments of United States central bankers. These Fed policy […]
Solana Unveils ChatGPT Plugin That Retrieves On-chain Data
Users of the Solana network will soon be able to access the network by activating an open-source plugin on ChatGPT. Now, Solana Labs is putting more of an emphasis on AI. The business said on April 25 that it would contribute $1 million in funding to Solana projects that develop AI capabilities. The developers of […]
Binance Integrates AI Chatbot ChatGPT into its Education Platform
The “Binance Sensei,” a new AI-powered tool from Binance, employs machine learning to produce answers from its educational platform. After its most recent release in late November 2022, the artificial intelligence (AI) chatbot ChatGPT swept the globe. Although there was a lot of opposition to the technology in the beginning, it is still being used […]
ChatGPT Predicts Stock Performance From News Headlines
A study found that ChatGPT, an AI chatbot, can analyze news headlines and provide trading signals based on the sentiment and impact of the news on stocks. The researchers from the University of Florida found that ChatGPT could analyze business news articles from late 2021 and provide trading signals based on whether the headlines were […]
Italian regulators demand transparency to lift ChatGPT ban
Garante, the Italian data protection regulator, has outlined the steps OpenAI must take to revoke an order imposed on ChatGPT which includes mandating increased transparency and age verification measures to protect user privacy. The directive was issued in March of 2023. The watchdog suspected the artificial intelligence (AI) chatbot service of violating the General Data […]