---
title: OpenAI has reportedly hired over 100 former investment bankers from firms like Goldman Sachs, JPMorgan, and Morgan Stanley
description: "“Project Mercury,” is a secret effort to train AI models to automate junior bankers’ grunt work.\n\nParticipants are paid $150/hour to build financial models and write prompts for tasks like IPOs and restructurings, with the goal of teaching AI to replicate analysts’ workflows. \n\nContractors submit one model per week and receive feedback before integration into OpenAI’s systems.\n\nSource: Wall St Engine @wallstengine"
---

[Syz The Moment](https://blog.syzgroup.com/syz-the-moment)

# [OpenAI has reportedly hired over 100 former investment bankers from firms like Goldman Sachs, JPMorgan, and Morgan Stanley](https://blog.syzgroup.com/syz-the-moment/openai-has-reportedly-hired-over-100-former-investment-bankers-from-firms-like-goldman-sachs-jpmorgan-and-morgan-stanley)

 Written by [Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/syz-the-moment/author/charles-henry-monchau) | Oct 22, 2025, 3:21:17 PM

[View full post](https://blog.syzgroup.com/syz-the-moment/openai-has-reportedly-hired-over-100-former-investment-bankers-from-firms-like-goldman-sachs-jpmorgan-and-morgan-stanley)

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