Wednesday, January 16, 2019
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Financial Services Warms Up to AI

Long the stuff of futuristic sci-fi movies, artificial intelligence has been conceptually interesting to Wall Street for some time, but not in a way that gets anything more than token budget. That’s starting to change....

Tracking market patterns with yesterday’s headlines

New research uses an historic approach to predict times of stock market volatility and the resulting returns: back issues of The Wall Street Journal. Researchers relied on machine learning, big-data techniques to construct a...

Trim personal finance bot raises $2.2 million

Ever wonder how much you spend each month on Uber? The newly released Trim chatbot will tell you in a text. Trim also helps you manage subscriptions, set up spending alerts and check your bank balance. But...

Ray Dalio: AI Future Will Rely on Human Understanding

It takes money to make money and right now a lot of that money is going into the development of artificial intelligence. From hedge funds to venture capital firms, everyone in finance has some idea...

Fintech Accelerating Chatbot Deployments

Your bank really wants to chat. This week Bank of America, MasterCard and several financial start-ups announced new tools — known as chatbots — that will allow customers to ask questions about their financial accounts,...

AI Trends Interviews Balazs Klemm of Almax Analytics

Yesterday, AI Trends covered the seed round funding of Almax Analytics. Earlier today, we caught up with their CEO, Balazs Klemm. AI Trends: Congratulations on your seed funding.  Can you tell us how much you have raised?  Balazs: We...

Wall Street hopes AI software helps it hire loyal bankers

Clinching a job on Wall Street soon may have as much to do with beating an algorithm as nailing the interview. Goldman Sachs Group Inc, Morgan Stanley, Citigroup Inc and UBS Group AG are exploring...

Is Artificial Intelligence the Next Dot-Com Bubble?

If you’ve played Texas Hold’em, then you know how tough it is to be a good poker player. Lots of venture capitalists like to play poker, so it wasn’t surprising to see one who...

Automating Legal Advice: AI and Expert Systems

In 2015, we regularly read about automating legal advice with artificial intelligence (AI), especially with IBM Watson. In my view, the AI smoke — at least as described in many reports — exceeds the fire. In fact, I...

H2O.ai CEO Says AI Algorithms Will Drive Big Data Revenue Financial Disclosures

Data will be a key factor that sets businesses apart competitively in the coming years, and success will depend increasingly on artificial intelligence and machine learning. So believes SriSatish Ambati, cofounder and CEO of machine-learning...






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