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AI algorithm takes seat on investment company’s board

15
May
2014

The coming robot apocalypse will need robot executives to rule over it, but it looks like theyre going to have to start with more mundane business first. A Hong Kong venture capital firm has just appointed an artificial intelligence tool called VITAL to its board of directors to help find promising investments. Itll scan things like financing, IP and clinical trials from prospective companies, share that info with the board and even cast the sixth vote.

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