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Inside OpenAI’s plan to automate Wall Street
Yahoo Finance· 2025-10-30 17:00
The newest job on Wall Street doesn’t involve early mornings or late nights, or even Wall Street itself. It’s fully remote, pays $150 an hour, and involves teaching AI how to do the work of investment-banking analysts. That’s the premise of Project Mercury, a secretive OpenAI effort to automate the grunt work of finance typically done by real, live investment-banking analysts. According to Bloomberg, OpenAI has hired more than 100 former bankers from JP Morgan, Morgan Stanley, Goldman Sachs, and similar f ...