Look Out World, Your Artificial Intelligence ETF Is on the Way
- EquBot AI-powered fund tracks developed markets outside U.S.
- Model running on IBM’s Watson platform picks 80 to 250 stocks
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The artificial intelligence ETF is going global.
The AI Powered International Equity ETF, ticker AIIQ, debuted Wednesday, according to a statement from its creator, EquBot. The exchange-traded fund is the first to use AI technology to pick stocks from developed markets outside of the U.S. It arrives about eight months after San Francisco-based EquBot’s first product, the AI Powered Equity ETF, ticker AIEQ, which has gathered almost $140 million in assets.