OpenAI is previewing a feature that lets ChatGPT Pro users connect bank and investment accounts through Plaid, allowing the chatbot to analyze spending, subscriptions, balances, portfolios, debt, and major financial decisions. "More than 200 million people are already going to ChatGPT every month with finance questions -- from budgeting to tips on how to cut back on spending," OpenAI said in its announcement. "Now, users can securely connect their financial accounts with Plaid to get the full view of their financial picture in the context of their personal goals, lifestyle, and priorities that they've shared with ChatGPT, powered by OpenAI's advanced reasoning capabilities." The Verge reports: When financial accounts are connected, OpenAI says that ChatGPT users can view a dashboard that details their spending history, including any active subscriptions. Users can also ask it to help with financial decisions like buying a house or signing up for credit cards and flag any changes in spending habits. This financial feature will be initially available to users in the US who subscribe to ChatGPT's $200-per-month Pro tier. "We'll learn and improve from early use before rolling it out to Plus, with the goal of making it available to everyone," says OpenAI.

To assuage concerns, OpenAI promises users "control over their data," including the ability to disconnect their bank accounts from ChatGPT at any time, though the company has up to 30 days to delete your data from its systems. You can also view and delete "financial memories" like goals or financial obligations saved by the chatbot. User control extends to whether your data is fed back into AI models -- users can enable the option to "Improve the model for everyone" to allow financial data in their ChatGPT conversations to be used for training AI, for example. OpenAI also says ChatGPT can't make any changes to your bank accounts or see "full account numbers."

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