Public Launches Alpha, Powered by OpenAI's GPT-4 for Investment Research

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May 17, 2023, 09:11 ET

Leveraging publicly shared market data on stock prices and earnings, retail investors now get additional context on publicly traded companies through Alpha

Public's market data will also be available to subscribers as a plugin on OpenAI's ChatGPT-4

NEW YORK, May 17, 2023 /PRNewswire/ -- Public, an investing platform that allows members to invest in stocks, treasuries, ETFs, crypto, and alternative assets, announced the rollout of Alpha, a project to enhance your investing experience with artificial intelligence powered by OpenAI's GPT-4. Alpha dramatically reduces the time retail investors spend researching and tracking their investments by allowing investors to ask market-specific questions to OpenAI's GPT-4. Additionally, Public's market data being used by Alpha will be available as a plugin to ChatGPT-4 subscribers.

Currently, retail investors have to dig through financial data, read dozens of news articles, track hundreds of metrics, and read hour-long earnings transcripts to decide what to invest in and maintain a portfolio. Now with Alpha, investors can access real-time data and historical information about tens of thousands of assets in a contextualized manner. Using the chat function on any stock or asset page, investors can communicate with a virtual research assistant to find the specific market data they want rather than sifting through pages of financial data, transcripts, news stories, or analyst reports.

Alpha's natural language interface can already help with several frequent tasks that Public's members perform every day, including the ability to evaluate stock performance, screen the markets in real-time, compare top movers of the day, retrieve relevant news articles about an asset, and summarize earnings calls right after they happen.

"Alpha has the ability to sift through thousands of analyst reports, market data, and earnings call transcripts, allowing investors to have access to in-depth insights on publicly traded companies in record time," said Jannick Malling, co-CEO and co-founder of Public. "We're excited about the opportunity that Alpha provides our members as it's a giant step forward in helping them make more informed investment decisions."

Alpha is currently rolling out this summer to all investors on Public, giving them another tool to gain additional context on their portfolios. Subscribers to ChatGPT-4 can leverage Alpha through the OpenAI plug-in network. By leveraging Public's comprehensive market data and information, Alpha helps investors find the answers they are looking for quickly and accurately.

About Public.com

Public is an investing platform that allows people to invest in stocks, treasuries, ETFs, crypto, and alternative assets, like fine art and collectibles—all in one place. Public's platform helps people be better investors with access to custom company metrics, live shows about the markets, and insights from a community of millions of investors, creators, and analysts. Public puts investors first, and doesn't sell trades to market makers or take money from Payment for Order Flow (PFOF). Learn more at www.public.com.

*Securities offered to self-directed customers by Open to the Public Investing, member FINRA & SIPC. Crypto trading offered through Apex Crypto (NMLS ID 1828849), NY DFS. Alts offered by Dalmore Group, LLC, member of FINRA & SIPC. This content is not investment advice. Investing involves risk of loss. See Public.com/disclosures.[1]

Alpha is an artificial intelligence investment exploration tool powered by GPT-4 — a generative large language model offered by OpenAI. Any material generated by Alpha is not and should not be construed as investment research, advice, or a recommendation to buy or sell a security, nor should the information provided serve as the exclusive basis for any investment decisions.

Conatct: Rachel Livingston, [email protected]

SOURCE Public