Morningstar Inc. has announced a partnership with OpenAI to integrate ChatGPT into its PitchBook platform for financial services. The collaboration aims to enhance the analysis of private market data by utilizing artificial intelligence.
The integration is designed to allow users to query PitchBook’s extensive database of private market information using natural language. This development is intended to help financial professionals and investors extract insights more efficiently from the dataset.
The announcement highlights the use of ChatGPT to facilitate the analysis of PitchBook’s proprietary data, which covers various aspects of the private equity and venture capital markets. The company stated that the partnership will bring expanded capabilities to the platform.