OpenAI just bought Hiro, a startup that uses AI to help people manage their personal finances. The deal signals that ChatGPT could soon become your financial advisor.
This isn’t just another tech acquisition. OpenAI is clearly building something bigger – they want ChatGPT to handle your budget, track your spending, and maybe even give investment advice. Imagine asking ChatGPT whether you can afford that vacation or having it automatically sort your expenses.
Your AI Money Manager
Hiro specialized in using artificial intelligence to analyze spending patterns and give personalized financial advice. The company’s small team built tools that could look at your bank account and credit cards, then suggest ways to save money or pay down debt faster.
OpenAI hasn’t announced exactly how they’ll integrate Hiro’s technology, but the writing is on the wall. ChatGPT already answers questions about budgeting and investing – now it could actually connect to your accounts and do the work for you.
The move puts OpenAI in direct competition with established financial apps like Mint and Personal Capital, plus newer AI-powered tools from companies like Tally and Rocket Money.
What’s Coming Next
Expect to see financial planning features rolling out in ChatGPT over the next year. OpenAI will likely start with basic budgeting tools before moving into more complex services like investment advice or loan recommendations.
The big question is trust. People are already nervous about AI making important decisions. Will they let ChatGPT manage their money?
