Morgan Stanley names a head of artificial intelligence as Wall Street leans into AI
Publishing timestamp: 2024-03-14 17:14:36
Summary
Morgan Stanley promotes tech executive to head firm-wide Artificial Intelligence, highlighting the importance of AI in financial services. Jeff McMillan will guide the implementation of AI across the firm, following the success of the GPT-4 project. Other Wall Street firms are also focusing on AI adoption.
Sentiment: POSITIVE
Keywords: investment strategy, business news, breaking news: investing, morgan stanley, breaking news: markets, technology, breaking news: technology, goldman sachs group inc, business, banks,