iFi AI launches, using AI for stock returns projection

Summary: iFi AI, a new company integrating AI and investing, launches with AI models projecting stock returns. Powered by IBM's watsonx, it manages $6 billion institutionally. CEO Ron Insana highlights AI's advantage over traditional quantitative strategies. iFi AI offers various levels for traders and financial advisors. Competing with other AI startups and Wall Street giants, the company aims to revolutionize decision-making in trading.

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