Tag Archives: AI Tech
Citadel Unveils AI Assistant — but Says Humans Still Rule
(HedgeCo.Net). In a move underscoring the growing role of artificial intelligence in finance, Citadel has rolled out an internal AI tool dubbed the “Citadel AI Assistant” — aimed at boosting productivity and streamlining research for its equities teams. The announcement came at […]
Hedge Funds Crank Up Leverage to Ride the AI Rally
(HedgeCo.Net) The hedge-fund industry is leaning harder than ever into borrowed money — and the timing could not be more striking. According to recent data from major prime brokerages Goldman Sachs, JPMorgan, and Morgan Stanley, funds are now operating with gross […]
Hedge Funds’ Exposure to AI-Related Tech Reaches Highest Level Since 2016
A structural trend is gaining momentum across the hedge-fund industry: funds are ramping up exposure to artificial-intelligence (AI)-related tech hardware and semiconductors — reaching the highest levels since such data began being tracked in 2016. Reuters+1 According to a recent note […]
