{"slug": "wall-street-already-loves-chatgpt-now-openai-is-doubling-down", "title": "Wall Street already loves ChatGPT. Now OpenAI is doubling down.", "summary": "OpenAI announced ChatGPT for Financial Services on Thursday, a product that embeds financial datasets from Daloopa, PitchBook, and LSEG News directly into ChatGPT and adds \"granular citations\" so analysts can trace figures and claims back to their sources. The launch, teased by OpenAI chief financial officer Sarah Friar at a Goldman Sachs conference on Tuesday, fits OpenAI's strategy of industry-specific tools ahead of an expected 2027 IPO, and builds on early adoption by firms including Morgan Stanley. OpenAI said its GPT-6 Astra model can retrieve information, run financial analyses, and synthesize findings, and that it is working to add data from S&P Capital IQ, Factiva, and Moody's.", "body_md": "# Wall Street already loves ChatGPT. Now OpenAI is doubling down.\n\n[Business Insider](https://www.businessinsider.com)\n\nOpenAI announced ChatGPT for Financial Services on Thursday, bringing more data under the hood of the AI tool and adding new accuracy checks.\n\n- [OpenAI](/glossary/openai) announced a[ChatGPT](/compare/chatgpt-vs-claude) product specifically for financial services on Thursday.\n- The product aims to surface better financial data for bankers and analysts.\n- Many banks and financial institutions, like Morgan Stanley, adopted ChatGPT early on.\n\nChatGPT's role on Wall Street is evolving.\n\nOpenAI announced ChatGPT for Financial Services on Thursday, its latest foray into crafting AI tools for specific sectors. The product will bring a new glut of financial data directly into ChatGPT and provide bankers with a new way to check the tool's work.\n\nAs [OpenAI prepares](https://www.businessinsider.com/openai-ipo-racing-to-go-public-2026-5) for a gigantic initial public offering expected in 2027, its latest release fits into two of its larger strategies: selling tools companies can use to automate work and building on its core AI products with industry-specific offerings.\n\nThe finance industry has already started embracing AI tools. Morgan Stanley adopted ChatGPT early on, and leaders across Wall Street are pouring time and money into figuring out new ways to use AI.\n\nOpenAI's new product will let users work with financial datasets from Daloopa, PitchBook, and LSEG News without needing separate contracts or subscriptions. The company says bringing this data under the hood of ChatGPT will get analysts information more quickly and in better formats.\n\nFinancial analysts will also get a new way to check ChatGPT's data work. They can get \"granular citations\" for information, letting them \"trace figures and claims back to their sources, and check the evidence as their analysis develops,\" OpenAI's press release said.\n\nOpenAI said it has improved its existing financial data features in ChatGPT and is working to add data from other providers, such as S&P Capital IQ, Factiva, and Moody's.\n\n[GPT-6 Astra](https://www.businessinsider.com/astra-model-launch-agi-milestone-openai-greg-brockman-2026-9), the company's latest model, can retrieve the right information, run financial analyses, and then synthesize those findings, OpenAI wrote.\n\nThe company plans to use this launch and its partnerships with banks to make more improvements down the road, saying it will train its models to \"find, interpret, and use this data like we know the best analysts can.\"\n\n[Sarah Friar](https://www.businessinsider.com/openai-cfo-chatgpts-ads-google-and-meta-had-a-baby-2026-9), the chief financial officer steering OpenAI through the buildup to its IPO, teased the financial services announcement at a Goldman Sachs conference on Tuesday. She named the banking focus alongside areas like chip design, life sciences, personal finance, and health.\n\n*Have a tip? Contact this reporter via email at* *scouncil@businessinsider.com**, or over text, Signal, Telegram, or WhatsApp at 415-757-8198. Use a personal email address, a nonwork WiFi network, and a nonwork device;* *here's our guide* *to sharing information securely.*\n\n[Business Insider](https://www.businessinsider.com/openai-chatgpt-for-financial-services-boosts-data-for-bankers-2026-9)\n\nGet AI news in your inbox\n\nDaily digest of what matters in AI.", "url": "https://wpnews.pro/news/wall-street-already-loves-chatgpt-now-openai-is-doubling-down", "canonical_source": "https://www.machinebrief.com/news/wall-street-already-loves-chatgpt-now-openai-is-doubling-dow-a41a", "published_at": "2026-09-10 17:31:01+00:00", "updated_at": "2026-09-10 20:13:19.744420+00:00", "lang": "en", "topics": ["ai-products", "artificial-intelligence", "ai-startups", "large-language-models"], "entities": ["OpenAI", "ChatGPT", "ChatGPT for Financial Services", "Sarah Friar", "Morgan Stanley", "Daloopa", "PitchBook", "LSEG News"], "alternates": {"html": "https://wpnews.pro/news/wall-street-already-loves-chatgpt-now-openai-is-doubling-down", "markdown": "https://wpnews.pro/news/wall-street-already-loves-chatgpt-now-openai-is-doubling-down.md", "text": "https://wpnews.pro/news/wall-street-already-loves-chatgpt-now-openai-is-doubling-down.txt", "jsonld": "https://wpnews.pro/news/wall-street-already-loves-chatgpt-now-openai-is-doubling-down.jsonld"}}