**[OpenAI Launches ChatGPT for Investment Banking]** According to a report by Jinse Finance, on September 11, OpenAI officially extended its artificial intelligence capabilities into the core business of Wall Street. On September 10, OpenAI unveiled a brand-new product tailored specifically for investment bankers and equity researchers—**"ChatGPT for Financial Services"**. This product was developed in deep collaboration with Morgan Stanley and Evercore, aiming to create a one-stop workflow encompassing "data research, financial modeling, and client material preparation," sparking widespread debate about whether junior financial analysts might be replaced. The product is powered by the latest-generation **GPT-6 Astra model** and comes preloaded with high-quality financial datasets from top institutions such as PitchBook, Daloopa, LSEG, and Crunchbase. Users can directly access and retrieve data without the need for complex interface configurations, with built-in precise source tracing and highlighting to avoid the "data hallucination" issues often associated with generative AI. The system supports embedding enterprise-specific style guides for Excel, Word, and PowerPoint, enabling automatic standardization of complex income statements and valuation analyses. It can instantly generate research reports and pitchbooks that fully comply with institutional formatting and compliance requirements. Although OpenAI officially positions this product as a productivity tool to enhance industry efficiency (similar to Excel in its early days), many industry insiders point out that basic tasks such as data extraction, model building, and PowerPoint creation—traditionally handled by junior analysts—are likely to face significant reductions. This could lead to a profound restructuring of entry-level roles within the industry.