Tag: ai investing
Fintech Roundup: Goldman Sachs buys another startup, Fast hits a speed bump and BaaS gets hotter
“Fintech M&A hasn’t been as robust as one might expect in recent months. So when Goldman Sachs announced this week it was buying NextCapital – a fintech company that provides automated advice to corporate retirement plan participants – my ears perked up. In the case of NextCapital, which uses algorithms and automation to allow users…
AI-powered ETF still all-in on stocks and finding more value: Alpha Tactics
“An ETF that chooses solely by IBM’s Watson artificial intelligence is still keeping its cash balance to a minimum with the major averages at or near record highs. The AI Powered Equity ETF (NYSEARCA:AIEQ) is trailing the S&P 500 (SP500) (NYSEARCA:SPY) slightly year to date, up 17.5%, compared with a 19% rise in the benchmark…
Micron Technology Puts Its Cash to Work Using Artificial Intelligence
“The technology gives Micron recommendations for different asset classes and financial institutions that promise the highest yield. It takes into consideration the company’s limits for the amounts of money it can deposit with a particular institution or invest in a certain type of asset. Micron, which makes memory chips and storage devices for things ranging…