Wyoming-Based Invest Inc. Launches New AI Tool for Retail Investors

<p>The fintech and advertisement technology company, Invest
Inc., has launched a machine-learning investment research platform. The new
platform provides investors with Artificial Intelligence-enabled technology to
guide them in making investment decisions.</p><p>Invest Inc. Bets on AI</p><p>The investment research
company, which claims to offer personalized institutional-grade market insights
to investors, said the new platform will be available to investors at little to
no cost. Additionally, the company touted the AI-powered advertisement recommendation
engine as a platform for advertisers to promote their brand and generate leads.</p><p>To support the
development, Invest plans to issue $18
million worth of its common shares to investors. It has also tapped tZERO Markets as its exclusive placement agent and broker-dealer.</p><p>Besides that, Invest has
launched a paper-trading tournament that will be hosted on the Invest Terminal.
The tournament will feature a $200,000 cash price pool for the top performers,
according to the company's statement issued today (Thursday).</p><p>Founded in 2020, Invest
operates a <a href="https://www.financemagnates.com/terms/m/machine-learning/">machine learning</a> recommendation engine for customized information
and market insight tools. This function is separate from its newly unveiled AI-based advertisement recommendation
engine. <a href="https://www.financemagnates.com/terms/m/machine-learning/" target="_blank" rel="follow">Machine Learning (ML)</a> is a component of <a href="https://www.financemagnates.com/terms/a/artificial-intelligence-ai/" target="_blank" rel="follow">Artificial
Intelligence (AI)</a> that
allows machines to learn, reason, and solve problems.</p><p>Invest Inc.'s launch of
a proprietary ML investment platform comes at a time the concept is gaining
significance in the forex market. According to an exclusive <a href="https://www.financemagnates.com/institutional-forex/technology/the-role-of-artificial-intelligence-and-machine-learning-in-forex-b2b-solutions/" target="_blank" rel="follow">report</a> compiled last month by <a href="https://www.financemagnates.com/" target="_blank" rel="follow">Finance Magnates</a>, AI and ML are
streamlining sections of the trading industry, including the areas of data analysis, pattern recognition, and automated trading and execution.</p><p>AI and Forex B2B
Solutions</p><p>Additionally, AI and ML are making a significant
difference in customer service and personalization. In particular, the concepts involve using data-driven strategies to enable business-to-business (B2B) forex organizations access
information. This can provide suggestions, market insights, or product
offerings.</p><p>However, despite the
progress made in AI and ML, the concepts need human touch, according to FXStreet's
Senior Analyst, Ian Coleman, who recently spoke with Finance Magnates. Coleman
acknowledged that <a href="https://www.financemagnates.com/executives/interview/automation-with-ai-needs-a-human-touch-fxstreets-ian-coleman/" target="_blank" rel="follow">the
industry trends</a> have
moved towards AI and robots over the last couple of years.</p><p>"I
think the trouble with automated trading is that, for the majority of the time,
you are back-testing. You're looking at past data to try and predict future
moves or trades," Coleman explained. "If you can use automated
trading as an overlay to your own analysis, then I think it definitely has
benefits."</p><p>AvaTrade's veteran joins GKFX; Nasdaq welcomes 60 IPOs; <a href="https://www.financemagnates.com/forex/news-nuggets-29-june-avatrades-veteran-joins-gkfx-nasdaq-welcomes-60-ipos/" target="_blank" rel="follow">read today's news nuggets</a>.</p>

This article was written by Jared Kirui at www.financemagnates.com.