OpenAI's Project Mercury is employing former investment bankers at a rate of $150 per hour to enhance AI by integrating financial models, aiming to broaden its application across various sectors. Despite achieving a $500 billion valuation, OpenAI has yet to become profitable.
OpenAI is enhancing ChatGPT's capabilities for the financial sector through "Project Mercury," which employs over 100 former investment bankers at a rate of $150 an hour. Their goal is to train the AI to perform tasks typically handled by junior bankers, such as creating financial models and refining presentations. This initiative aims to tap into the lucrative banking industry as OpenAI seeks to diversify its revenue streams beyond consumer subscriptions.