Like many things in the world of hedge funds, AI remained a toy for billionaires and professional investors. But Amareos, a Hong Kong startup, is looking to bring it to the people.
Sometime in the mid-2000s, hedge fund owners got an idea. Financial markets are impacted by the news – so if you can thoroughly understand the news, and do it quickly, you can have a headstart on changes in the market. Using artificial intelligence, they devised software that could instantly analyze breaking news, assess its meaning and, within seconds, make trades based on that...Continue Reading