Private Market Intelligence

PitchBook is enhancing its platform with AI-powered tools, including PitchBook Navigator, an AI assistant for natural language queries, and ChatGPT integration, to streamline access to private market data like valuations and deal terms. This advancement, driven by investor demand and recent private market valuations like OpenAI’s $500 billion, allows subscribers to extract market trends via AI-generated reports, reducing time spent on due diligence. Fueled by extensive data and AI/human curation, the update, set for late November, aims to democratize private market intelligence.