Shulou(Shulou.com)11/24 Report--

CTOnews.com, June 5 (Xinhua)-- Private equity fund "stop at Zhishan Investment" recently announced that it will arrange four researchers and a robot based on AI technology to independently manage five different private equity funds, which is named Cybertron, according to thepaper.cn.

▲ Tu Yuan: stop at Zhishan Investment reported that the fund managed by Cybertron is up to Zhishan No. 1, which is also the first AI fund manager in the domestic market. The private equity firm said it had fully communicated with all the above-mentioned fund investors and was affirmed.

CTOnews.com noted that the University of Florida School of Finance pointed out in a paper that using the GPT-4 model to assist investment is expected to achieve a 500% return on investment.

Earlier, trading platform Autopilot announced the use of ChatGPT to assist investment. By the end of May, 25000 investors had invested about $10 million in ChatGPT's selected portfolio. However, the stock portfolio selected by ChatGPT rose by an average of about 2 per cent, failing to outperform the broader market. In addition, the decline of the bottom five stocks in the portfolio exceeded the gains of the top five in terms of percentage changes in share prices.

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