Tuesday, December 5, 2017

How AI Will Invade Every Corner of Wall Street

Machine learning, with its prowess in producing insights from data, is poised to have a hand in 99 percent of investing, CEO says. The artificial intelligence was unleashed by Winton, the London hedge fund, to test an old principle of the Berkshire Hathaway Inc. chairman with a view to trading on it: that major acquisitions usually hurt the buyers' shareholders.

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