Who needs Wall Street? New robot-powered ETF

Who needs Wall Street? New robot-powered ETF

AI, In the News
The robots have arrived on Wall Street, and so far they're giving the market a pretty good run for its money. Earlier this week marked the debut of an upstart fund called the AI Powered Equity ETF, an actively managed security that seeks to use artificial intelligence to beat the market. So far, it's done a pretty good job. While the evaluation time is extremely brief — the exchange-traded fund officially launched Wednesday — and therefore not much of a measure on how it fund will perform in the long term, it has accomplished its goal. We have seen a rapid advancement of practical A.I., expert says from CNBC. AIEQ was up about 0.6 percent heading into Friday, then added some early gains to push its return above 1 percent…
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