Companies × risks
Morgan Stanley
Morgan Stanley deploys OpenAI's GPT-4 at scale across advisor and institutional workflows, and uses Whisper for meeting summaries. It also maintains an applied ML research capability, including training and releasing an open LLM suite (Spectra-1.1, trained on up to 1.2 trillion tokens), and contributes to AI governance through FINOS.
We reviewed 3 public documents from Morgan Stanley and found it acknowledges 1 of 24 AI risks: fraud & scams.
Sector: Finance and Insurance
Roles: AI deployer
AI risks Morgan Stanley acknowledges
- Fraud & scams: “parties may also attempt to fraudulently induce employees, customers, clients, vendors or other third parties ... to disclose sensitive information ... and such parties may see their effectiveness enhanced by the use of artificial intelligence.” (Morgan Stanley 2024 Annual report (10K))
Documents we reviewed
- Artificial Intelligence and Machine Learning | Morgan Stanley (Corporate policy, 2026)
- Morgan Stanley 2024 Sustainability Report (ESG report, 2025)
- Morgan Stanley 2024 Annual report (10K) (Annual report, 2025)