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PGIM explores using ChatGPT to automate ‘tedious’ work

The $1.3tn asset manager is using ChatGPT across its fixed income and real estate businesses

David Hunt of PGIM

AFP/Getty Images
By
David Ricketts

PGIM, the $1.3trn US-headquartered asset manager, has begun experimenting with ChatGPT across parts of its business, with its chief executive claiming the technology could eradicate some of the “tedious work” carried out by its employees.

“We are releasing it in selected forms within PGIM,” David Hunt, its CEO, told Financial News.

“My view...