Morgan Stanley Hires Ex-SAC Capital Artificial Intelligence Expert
- Kearns brings academic and trading experience to bank
- CEO James Gorman has made new technologies a top priority
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Morgan Stanley, which aims to expand its use of artificial intelligence, has hired Michael Kearns to help guide the effort.
Kearns is a computer science professor at the University of Pennsylvania and has years of experience at Steve Cohen’s former hedge fund and other Wall Street firms. He will lead Morgan Stanley’s AI research and offer advice on deploying the technology for projects across the company, the New York-based firm said in a memo to employees Tuesday.