OpenAI’s Secret Project Mercury Enlists Wall Street Veterans to Automate Banking Tasks
OpenAI is quietly recruiting Wall Street veterans for Project Mercury, a secret initiative to develop AI that automates investment banking tasks. Participants reportedly receive $150 per hour to train models on financial analysis and modeling.
OpenAI’s Covert Banking AI Initiative
OpenAI is reportedly developing artificial intelligence specifically designed to handle the tedious work performed by junior investment bankers, according to documents reviewed by Bloomberg. The secretive project, code-named Mercury, has enlisted former employees from major financial institutions including JPMorgan Chase, Morgan Stanley, and Goldman Sachs to help train its systems.