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This Hedge Fund’s Trades Are Driven By Artificial Intelligence

by foxbusiness.com posted 1year ago 49 views
Faceless robots may be the next wave for investors to manage your money. : Numerai, a San Francisco-based hedge fund which trades stock powered by artificial intelligence, uses data scientists to predict its market accuracy. “All of our hedge fund trades are powered by machine learning algorithms developed by people around the world and we reward them in cryptocurrency,” Numerai founder Richard Craib said during an exclusive interview with FOX Business’ Liz Claman. The San Francisco-based hedge fund says combining artificial intelligence and blockchain technology can provide an edge over traditional trading platforms.

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