OpenAI announced ChatGPT for Financial Services on Thursday, bringing more data under the hood of the AI tool and adding new accuracy checks.

OpenAI launched ChatGPT for Financial Services, targeting the labor-intensive research, modeling, and pitchbook tasks traditionally handled by junior bankers.

The product will compete with a similar offering from Anthropic, but OpenAI says it's version is 'the one product' big banks will ever need.