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Bloomberg Businessweek Weekend - June 2nd, 2023

Bloomberg Businessweek

00:00

Chachi PT: A Tool That Changes the World

Hedge funds are using Microsoft's Chachi PT to do the grunt work of investing. The technology isn't perfect, but it could have real value for Wall Street investors. Matt Welch: "It makes stuff up, literally. And it spits out a lot of really inconsistent responses" He says there is also the issue of data leaks and how financial companies use this tool.

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