Hedge Funds

Hedge funds are jumping on the ChatGPT bandwagon — here’s what you need to know

ChatGPT crossed one million users within five days of its launch. Now hedge funds are interested.

The AI language tool could have uses in the financial world, according to experts
The AI language tool could have uses in the financial world, according to experts Photo: Lionel Bonaventure/Getty Images

ChatGPT hasn't taken over the world yet. But the two-month-old chatbot from artificial intelligence researchers OpenAI is threatening to do just that.

Nearly every sector in the world, including finance, is thinking of ways to pile into the tool, which gained one million users within five days of its 30 November launch.

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