JP Morgan Hires New AI Expert in Push Towards Next Wave of Trading

[kreslik.news]

In further evidence that the financial world is moving towards artificial intelligence and machine learning, JP Morgan, one of the largest investment banks in the world, has hired a machine learning expert. Previously working for Goldman Sachs, Chris Murray is joining the firm to advance the company’s use of artificial intelligence in a rapidly changing world.

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Over the past several years, the investment banking space has gotten to the age of the algorithms. With all kinds of programs conducting a large amount of trading in ... (read more)