Goldman Sachs has invested in a financial technology startup which analyses large volumes of stock market information to provide instant feedback to traders
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The US firm’s Siri-style technology is able to answer complex financial questions about global events in plain English by analysing unstructured data.
According to the Financial Times, Goldman Sachs has led a $15 million (£10m) funding round for Kensho, as well as investing an undisclosed sum. It is understood that the bank is now the largest strategic investor in the Cambridge, Massachusetts-based startup. For complete and original post see here
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