AI in sheep’s clothing? Wolfe Research develops finance chatbot
The bot is trained using financial and ESG data, but won’t replace humans—yet—says the firm.
Wolfe Research has engineered an AI chatbot for financial markets. Designed in the same vein as ChatGPT—the large language model (LLM) chatbot launched by OpenAI in November of last year—the Wolfe chatbot is specifically trained on financial and environmental, social and governance (ESG) data.
And for certain questions, the bot’s biggest benefit is saving time for both clients and the firm, says Yin Luo, vice-chairman at Wolfe.
“It’s definitely a lot faster to ask the chatbot than asking us
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