This AI tells you where to invest your money by analyzing the Internet

Image: Stuart Kinlough/Ikon Images/Corbis Erik Crouch for Tech in Asia 2016-02-29 17:59:12 UTC Follow @techinasia Sometime in the mid-2000s, hedge fund owners got an idea. Financial markets are impacted by the news — so if you can thoroughly understand the news, and do it quickly, you can have a headstart on changes in the market. Using artificial intelligence, they devised software that could instantly analyze breaking news, assess its meaning and, within seconds, make trades based on that analysis. Like many things in the world of hedge funds, this AI remained a toy for billionaires and professional investors. But Amareos, a Hong Kong startup, is looking to bring it to the people. Taking the world’s temperature “We are trying to democratize big data,” says Philippe El-Asmar, co-founder of Amareos. Amareos is…


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