Finserv big JPMorgan Chase filed a trademark utility for IndexGPT, marking its entry into the race to construct a generative AI device for enterprise functions.
The trademark utility was filed with america Patent and Trademark Workplace (USPTO) on Could 11 for the characters “IndexGPT,” which in keeping with JPMorgan, is for use in commerce.
The picture above reveals the textual content in normal characters that was accompanied with JPMorgan’s trademark utility — “with out declare to any specific font fashion, measurement, or coloration.”
IndexGPT will probably be used throughout varied enterprise items, together with promoting, enterprise consulting and varied finance-focused software program as a service (SAAS) companies amongst others.
JPMorgan’s trademark submitting is reflective of the ideas of its CEO Jamie Dimon on synthetic intelligence (AI). In April, Dimon revealed that the corporate has over 300 AI use circumstances in manufacturing for threat, prospecting, advertising and marketing, buyer expertise and fraud prevention. He acknowledged:
“AI and the uncooked materials that feeds it, information, will probably be important to our firm’s future success — the significance of implementing new applied sciences merely can’t be overstated.”
JPMorgan plans to empower its workers with ChatGPT and different giant language mannequin instruments.
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Whereas tech giants throughout all enterprise verticals are fast-tracking their manner into adopting generative AIs, Apple took a U-turn by proscribing using ChatGPT and related instruments.
An inside doc revealed Apple’s issues about potential compromise of delicate information.
Whereas highlighting the fears of exposing confidential information, Apple additionally particularly restricted using GitHub’s AI device Copilot, a Microsoft-owned utility that automates writing software program code.
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