MUFG, a Japanese bank, is working with OpenAI to become 'AI-native'. This means the bank wants to use artificial intelligence (AI) throughout its operations. MUFG plans to improve workflows and create new AI-powered financial services using ChatGPT Enterprise, a large language model developed by OpenAI. --- Why it matters: This development matters because it shows how major financial institutions are adopting AI technology to transform their businesses. As more companies follow suit, engineers and researchers in AI will be interested in understanding the implications of this trend on the industry's future direction. Source: https://openai.com/index/mufg