Book Image

The Future of Finance with ChatGPT and Power BI

By : James Bryant, Aloke Mukherjee
2.5 (4)
Book Image

The Future of Finance with ChatGPT and Power BI

2.5 (4)
By: James Bryant, Aloke Mukherjee

Overview of this book

In today's rapidly evolving economic landscape, the combination of finance, analytics, and artificial intelligence (AI) heralds a new era of decision-making. Finance and data analytics along with AI can no longer be seen as separate disciplines and professionals have to be comfortable in both in order to be successful. This book combines finance concepts, visualizations through Power BI and the application of AI and ChatGPT to provide a more holistic perspective. After a brief introduction to finance and Power BI, you will begin with Tesla's data-driven financial tactics before moving to John Deere's AgTech strides, all through the lens of AI. Salesforce's adaptation to the AI revolution offers profound insights, while Moderna's navigation through the biotech frontier during the pandemic showcases the agility of AI-focused companies. Learn from Silicon Valley Bank's demise, and prepare for CrowdStrike's defensive maneuvers against cyber threats. With each chapter, you'll gain mastery over new investing ideas, Power BI tools, and integrate ChatGPT into your workflows. This book is an indispensable ally for anyone looking to thrive in the financial sector. By the end of this book, you'll be able to transform your approach to investing and trading by blending AI-driven analysis, data visualization, and real-world applications.
Table of Contents (13 chapters)
Free Chapter
1
Part 1: From Financial Fundamentals to Frontier Tech: Navigating the New Paradigms of Data, EVs, and AgTech
6
Part 2: Pioneers and Protectors: AI Transformations in Software, Finance, Biotech, and Cybersecurity

Technical requirements

There are a few technical issues that you will need to address if you are to follow along and understand/try the examples yourself. You will require the following:

  • Access to a stable and reasonably fast internet connection.
  • A newer version of Microsoft Power BI on your desktop. Microsoft sells one of its Office versions with Power BI included. Pricing varies.
  • Python 3.5 or above installed on your desktop. Look for the latest stable version.
  • A basic understanding of visualizations using Power BI – simple reports and charts.
  • A basic understanding of Python scripting and the use of packages in Python.
  • An account with Open AI. You must also understand what “API” means.
  • A basic understanding of finance. You must be acquainted with company balance sheets and income statements and understand the difference between the two.

With this set of knowledge and tools, we are confident that you will understand the chapters...