The product, built with Morgan Stanley and Evercore, uses GPT-6 Astra to research companies, analyze data, and generate pitchbooks

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.