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MarketWatch

He brought AI to Wall Street in 1994 — but won’t trust ChatGPT with his money

Monday, July 27, 2026


Vasant Dhar founded one of the first AI-driven hedge funds in 1994. Dhar has stated he does not use ChatGPT for personal investment decisions, according to the article. He is a professor at New York University's Stern School of Business and has published research on artificial intelligence and finance. The article does not specify what concerns Dhar holds about ChatGPT or what alternative methods he uses for his own financial management.

Original reporting: https://www.marketwatch.com/story/he-brought-ai-to-wall-street-in-1994-but-wont-trust-chatgpt-with-his-money-b8abc031?mod=mw_rss_topstories

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