Qraft rolls out latest AI-driven ETF with South Korea's LG

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Qraft rolls out latest AI-driven ETF with South Korea's LG
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SaltWire's Atlantic regional weather forecast for November 7, 2023 | SaltWire - Qraft Technologies on Tuesday launched its fifth exchange-traded fund that relies on artificial intelligence to select holdings, continuing its expansion of the niche AI ETF market.

LG AI Research, a division of LG, has been applying artificial intelligence to everything from supply and demand forecasting to raw materials purchasing decisions. LG AI Research's 260-person engineering team adds large language modeling tools, he said, referring to artificial intelligence tools that are trained to recognize, understand and analyze text.

"Good experiences will be the primary driver" of investor acceptance of these AI-powered investment products, Oh said.

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