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A.I. finance tools see more than $1 billion in VC investments from 2019 to 2022

VCs Pour Over $1 Billion into A.I. Revolutionizing Financial Planning

  • A.I. is disrupting the financial planning landscape
  • VCs have invested over $1 billion in personal A.I. finance tools
  • Alpha is a new A.I. research assistant that can answer questions about stocks, crypto and the like
  • Wally GPT tracks users’ spending bills and budgets
  • JPMorgan Chase uses A.I. to help select investments, and Morgan Stanley is rolling out a chat bot to assist their financial advisers
  • A.I. tools have the potential to replace financial advisors.

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  • AI-powered technology that ensures accuracy and comprehensiveness

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TALKING ABOUT IN THE FIRST HALF WERE LARGELY SPARKED BY A.I.ENTHUSIASMJULIA HAS NEWS ON THAT>> NOW IT'S STARTING TO DISRUPT FINANCIAL PLANNINGVCs HAVE BEEN POURING MONEY INTOPERSONAL A.I. FINANCE TOOLS,OVER $1 BILLION INVESTED, AND PUBLIC HAS A NEW A.I. RESEARCHASSISTANT CALLED ALPHA AND THAT ANALYZES PUBLIC FILINGS AND ANSWER CALLS TO ANSWER QUESTIONSABOUT STOCKS, CRYPTO AND THELIKE, QUESTIONS WHICH WOULD OTHERWISE REQUIRE EXSPERPERTISE EXTENSIVE RESEARCH TO ANSWER>> ALPHA BASICALLY GIVES YOU AN ANSWER>> THE NEXT GENERATION OF ALPHA WILL BE HYPERPERSONALIZED TOEXPLAIN HOW SPECIFIC ASSETS COULD FIT INTO EACH PARTICULARPORTFOLIO.>> IT MAKES THAT RESEARCH SOFAST AND SO EASY AND THEREFOREALSO DEMOCRATIZES IT FOREVERYBODY, BECAUSE YOU DON'THAVE TO KNOW WHERE TO FIND THEINFORMATION, YOU JUST FIRE AWAY AND ASK.>> AND ANOTHER STARTUP CALLED WALLY GPT IS BASED ON THE TRACKING OF THE USERS' SPENDING BILLS AND BUDGETS.CNBC LEARNED JPMORGAN CHASE USESA.I. TO HELP SELECT INVESTMENTS,AND MORGAN STANLEY IS ROLLING OUT AN ADVANCED CHAT BOT TO HELPTHE BANKS' ARMY OF FINANCIALADVISERSTHE QUESTION IS WILL THE A.I. TOOLS REPLACE FINANC