AI pioneer Sentient to open equity fund to outside investors

©Bloomberg Sentient Technologies, an artificial intelligence company, plans to open its experimental hedge fund using “evolutionary” algorithmic trading to outside investors as early as this year. The San Francisco-based company, founded by some of the developers of Apple’s Siri voice recognition software and backed by investors including Hong Kong billionaire Li Ka-shing, has been managing a small equity portfolio since 2014, and the results have been promising, according to chief executive Antoine Blondeau. More On this topic IN Capital Markets “We are happy enough with the performance that we will go market the fund within this year or next,” Mr Blondeau said. “We want to build a full-blown asset management business over time. Very few businesses have the understanding we do of deep and complex AI. When you get that…

Link to Full Article: AI pioneer Sentient to open equity fund to outside investors

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