Daiwa to Start Using AI Chatbot Spurned by Wall Street Banks

  • ChatGPT technology has ‘limitless potential,’ brokerage says
  • Joins other Japanese banks reportedly using AI chatbot tools
Lock
This article is for subscribers only.

Daiwa Securities Group Inc. has joined other major Japanese financial firms in embracing artificial intelligence-powered chatbots, moving in the opposite direction from Wall Street banks.

Japan’s second-biggest brokerage plans to adopt the ChatGPT technology from this month for all of its 9,000 domestic employees, the company said in a statement Tuesday, adding that it has “limitless potential.”