ai

Artificial intelligence is helping improve trading efficiency, however, a balance with cost efficiency is crucial for financial institutions to stay competitive.

SoftBank has said it will spend $3bn annually to deploy customised AI across its group of companies; the JV, known as SB OpenAI Japan, will sell to Japanese firms.

The release of a competitive low cost large language models not only shifts the AI narrative away from expensive hardware, but also prompts debate about a potential inflection point for fund managers, with some models potentially not surviving.

David Fellah has been hired from Instinet LLC to lead artificial intelligence integration into Broadridge’s trading solutions offering.

This move makes Alibaba eligible for the SAR’s Stock Connect programmes, which will help the firm tap a larger group of Chinese investors; however, rival PDD Holdings saw its shares drop sharply on the Nasdaq this week, and JD.com has unveiled a $5bn share buyback plan.

Artificial intelligence (AI) was the big stock story of 2023. Christopher Chu asked experts about how AI is likely to perform as an investment opportunity in 2024.

Is the rally behind artificial intelligence (AI)-related stocks signalling a new turning point for technological innovation, or is it symptomatic of a human-made market bubble? Whatever the case, don't ask the chatbots.

Asia’s fintech funding in 2023 might be lagging its US and European counterparts, but interest is strong in leveraging artificial intelligence and regtech throughout the region.