Large Language Models, such as ChatGPT, have taken the internet by storm, captivating both users and businesses alike. OpenAI's ChatGPT has achieved an unprecedented adoption rate, making history in the tech industry. Although the use of AI is not new to the business world or the realm of mergers and acquisitions (M&A), the application of AI has recently garnered significant attention.
With attention comes a growing appetite and a drive for implementation. We anticipate that M&A teams will expedite the integration of AI into their processes. In this article, we aim to provide insights and a preview of how AI could soon be used in mergers and acquisitions. We will explore the different stages of the M&A process and discuss potential applications and associated benefits. We will explore the various phases of the M&A process and discuss potential applications as well as the associated benefits.