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KelAI raises $5m seed to build autonomous hedge fund AI research platform
The seed funding is aimed at accelerating development of an autonomous research platform for hedge funds and other institutional investors.
KelAI, an artificial intelligence startup, has raised $5 million in seed funding to accelerate development of an autonomous research platform intended for hedge funds and other institutional investors, according to a report cited by Hedgeweek.
The project is focused on building AI tools that can conduct research in a more autonomous way for institutional users.
The funding round is expected to support further development of the platform as it moves toward its hedge fund and wider investor use cases.
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