Technology entrepreneur Edward Morris leveraged AI for a profitable USD5bn IPO investment in chip designer Arm. Using ChatGPT for due diligence, Morris achieved a 30% return, far surpassing his usual 10%. Instead of costly human advisers, he relies on AI to understand finance, identify investments, and spot bank statement discrepancies. AI simplifies due diligence by summarizing company data and rating stock performance. Wealth managers can also benefit from AI for tasks like client risk profiling and estate management. Despite concerns about AI's potential for poor advice and cyber risks, the technology's ability to mimic successful strategies hints at a promising future.