Streetbeat, an investment platform, announced the release of SmartPilot, a new investment service targeted at active portfolio management. Through ChatGPT4, SmartPilot analyses real-time news to manage portfolios dynamically. By analyzing vast news data, SmartPilot identifies opportunities to increase exposure to companies with positive news coverage while reducing exposure during adverse news events. Damian Scavo, CEO of Streetbeat, expressed his excitement about this innovation and the aim to lead the AI revolution in finance. Streetbeat provides options for the creation of personalized trading strategies called Copilots through conversing with the app and the ability to manage portfolios for optimal performance. The Streetbeat app is found on both Apple and Android stores. Nonetheless, since AI is a new technology, there are inherent risks to relying on emerging technologies.
Streetbeat Introduces SmartPilot Portfolio Management with ChatGPT’s Power
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