World's first AI investment robot unveiled

InnoTREE, a Chinese Internet-based equity financing and investment service provider, said it has produced the world's first artificial intelligence (AI) robot for investment purposes, the China Business Times reported on Tuesday. Teng Fang, co-founder of InnoTREE, said an AI investment robot can process the equivalent of 40 hours of work by a senior analyst in one hour. "In terms of its cognitive abilities, the AI investment robot is capable of replacing an investment manager with three to four years of work experience." In addition, the AI investment robot can analyze and model statistics data obtained from the comprehensive evaluation of projects, and list companies with the most potential through model operation, it was added.