JPMorgan Chase & Co. is expanding its research coverage to private companies as part of a new initiative to tap into the growing field of private sector research. The move aims to capitalize on areas where private firms have significant influence, such as AI and software development.
The bank’s coverage expansion will start with sectors where private companies are playing a key role in shaping industry dynamics and innovations. This includes industries that are experiencing rapid growth and transformation due to technological advancements.
In its first step towards expanding research coverage, JPMorgan launched coverage on OpenAI, a leading artificial intelligence company, on Friday. The bank’s expanded research scope will provide investors with more insights and analysis of private companies’ performance and prospects.
Source: https://www.bloomberg.com/news/articles/2025-07-18/jpmorgan-expands-research-to-private-firms-starting-with-openai