JPMorgan Chase is broadening its research scope to encompass private companies, with the ambition of securing a pioneering role in the swiftly burgeoning new sectors. Initially, the bank intends to zero in on domains where private enterprises play a pivotal role in shaping industry landscapes and fueling innovation, particularly in artificial intelligence and software industries. As a pioneering step, JPMorgan Chase initiated research on OpenAI on Friday. Diverging from traditional equity research, this new service aims to furnish investors with structured information and data tracking, rather than providing ratings, target prices, or earnings estimates. With a robust team of over 800 analysts and approximately 100,000 research reports issued annually, this expansion will significantly enhance investors' comprehension of the influence of private companies on industry growth.