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Vanguard quietly embraces AI in $13 billion of quant stock funds techxplore.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from techxplore.com Daily Mail and Mail on Sunday newspapers.
(Bloomberg) Vanguard Group, famous for its old-school investment ethos and reluctance to chase newfangled technologies like crypto, has been quietly using machine learning across several active stock funds with a combined $13 billion under management.Most Read from BloombergKing Charles Treated for Cancer in New Royal Health ScareXi to Discuss China Stocks With Regulators as Rescue Bets BuildWhy NYC Apartment Buildings Are on Sale Now for 50% OffWall Street Snubs China for India in a Historic ....
Vanguard makes quiet AI bet with $13B in quant stock funds investmentnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investmentnews.com Daily Mail and Mail on Sunday newspapers.
Vanguard Group added artificial intelligence to four so-called factor-based funds about a year ago just as the ChatGPT frenzy seized global markets. ....