OpenAI wants bankers to train AI on financial modelling

Financial Highlights from the Recent Week You Should Know About:

  • CAREERS/EDUCATION: CFA Level III pass rates rise to 50%
    We previously shared that CFA Level II pass rates were at a decades-low but looks like Level III candidates managed to do a bit better in the latest exam session.
  • AI in FINANCE: OpenAI wants bankers to train your replacements AI on financial modelling
    OpenAI hired over 100’s of former bankers from Morgan Stanley, Goldman Sachs, JPMorgan, Brookfield, and Harvard MBA’s to train their AI financial modelling tool for IPOs, M&A deals and restructuring.

    The job pays $150/hour.
  • SUPPLY CHAIN MANAGEMENT: Amazon arming delivery drivers with AR glasses
    Amazon, the global behemoth at squeezing that last drop out of a lemon, announced the launch of their AR-glasses “Amelia” that their delivery drivers will use.

    The AR-glasses have built-in cameras and heads-up display to help drivers navigate, scan, and provide proof-of-delivery photos while hands-free and without having to use a phone.

    Amazon estimates the glasses will save 30-minutes per route.

    Now, if they can just solve the problem of delivering to the wrong address…

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