Connect with us

Press Release

Lucas Brown leads the Invesco fintech team to launch LBAI, an AI-driven financial tool in July.

Published

on

 

 

Sydney, Australia, 12th Jun 2024 – High-net-worth individuals engaging with their financial advisors at Invesco can anticipate a transformative experience, as the company prepares to introduce cutting-edge AI technology into their discussions. Following extensive testing with 1,000 financial advisors, Invesco, in partnership with OpenAI and under the leadership of Professor Lucas Brown, is poised to unveil its AI-driven financial tool (LBAI) in July .

 

How Can Banks Use AI Industrialization To Positively Impact Their  Businesses?

 

Under the leadership of Professor Lucas Brown, Invesco has continuously upgraded its AI financial tool, LBAI, and conducted extensive client-approved testing. Research shows that users of LBAI have seen a significant increase in profitability.

LBAI excels at identifying market trends quickly, eliminating the need for manual analysis of vast financial data. It offers robust analysis and predictions on historical stock prices, macroeconomic trends, industry dynamics, technical charts, and global news. LBAI accurately determines optimal buying and selling times, monitors real-time global capital flows, and evaluates market sentiment. Additionally, it autonomously learns to help investors develop stable, comprehensive investment strategies, ensuring well-informed decisions and improved profitability.

 

What happens to OpenAI if it reaches $29 billion in valuation - TechTalks

 

Professor Lucas Brown, Chief Risk Analyst at Invesco Australia and CTO of AI Financial Software Development, emphasized the profound impact of artificial intelligence, likening its potential influence to the advent of the Internet. Constantly scouting Silicon Valley for cutting-edge technology, Professor Brown identified OpenAI as a key partner in 2022, before their app ChatGPT gained mainstream attention.

“We quickly realized that collaboration with OpenAI was essential; their advancements were unparalleled,” stated Lucas Brown. This realization led Invesco President and CEO Martin L. Flanagan to California, where he negotiated a partnership with OpenAI CEO Sam Altman and technologist Boris Power. The agreement, signed last summer, grants Invesco priority in developing wealth management products.

Although OpenAI declined to comment, it is clear that their technology will provide valuable insights and administrative support to financial advisors, while investment advice will remain a human endeavor.

“Consultants remain at the core,” affirmed Lucas Brown. Employees view this technology as a beneficial tool, enhancing their capabilities without posing a threat to their roles.

 

 

Wealth competition

Invesco’s AI-driven initiative is a key component of its strategic push in the asset management division, which saw a 16% increase in net income during the second quarter, reaching a record high. The company also added AUD 90 billion in new client assets. CEO Martin L. Flanagan, who has led numerous significant transactions to attract more funds into the asset management business, aims to achieve AUD 10 trillion in assets under management (AUM).

While several industry players utilize AI to process data, detect capital flows, and analyze client transactions, Invesco stands out by opening some slots for general investment users. This approach allows Invesco to gather extensive user investment data, enhancing their AI’s data analysis and autonomous learning capabilities, and solidifying their position as a leader in the AI financial software market.

LBAI, Invesco’s AI financial tool, boasts features that set it apart from common AI financial software. Its standout functions include AI-driven quantitative trading and human-like simulation, providing unparalleled support and insights to investors.

 

A brief introduction to quantitative algorithmic trading for the financial  markets — 1

 

Invesco’s latest AI financial tool, LBAI, is set to transform the landscape of quantitative trading, a method traditionally reserved for institutions and brokerage firms. Utilizing modern statistics and technology, quantitative trading minimizes human interference by incorporating data analysis, algorithmic trading, risk management, backtesting, real-time monitoring, and automated execution.

Unlike traditional systems that require manual settings for take-profit and stop-loss levels, LBAI excels by precisely calculating entry and exit prices, enabling fully automated trading. Applicable to financial assets worldwide, LBAI’s beta testing data indicates a win rate exceeding 80%, with the forex and gold markets reaching up to 88.76%.

Leveraging advanced autonomous and deep learning capabilities, LBAI integrates investment strategies from over 100 top financial experts globally. By training models with deep learning, LBAI combines multiple experts’ trading strategies and styles, providing meticulous oversight for each trade. This means your investments benefit from the collective expertise of renowned investors like Warren Buffett, Shane Oliver, and Cathie Wood, generating passive income 24/7.

LBAI 4.0 further enhances this by integrating strategies from up to five financial experts simultaneously, performing cross-analysis to identify trading opportunities. These powerful functions have generated high anticipation for LBAI’s official release in July, promising significant changes to the financial market.

Professor Lucas Brown, leading the development of LBAI, emphasizes that the primary purpose is not profit-driven but to ensure market fairness for all investors. The goal is to democratize access to powerful investment tools previously reserved for institutions, ensuring that everyone can benefit from advanced financial strategies. 

 

 

Professor Lucas Brown has announced that Invesco’s AI financial tool, LBAI, significantly improves market efficiency and transparency, creating equal opportunities for investors at all levels. This groundbreaking tool ensures that everyone can achieve success in the financial markets by leveraging the latest advancements in AI technology.

 

“With the proliferation and advancement of AI, the market is expected to increasingly rely on efficient and precise tools like LBAI to navigate the ever-changing economic environment and investment challenges,” stated Professor Lucas Brown. He highlighted that many investors lack sufficient financial knowledge, leading to significant risks and losses. However, LBAI is designed to ensure market fairness and provide comprehensive support.

“Whether you’re an experienced investor or a beginner, using LBAI is like having a professional financial team available 24/7, ensuring your investment decisions are always ahead,” added Brown. The AI-driven financial tool offers personalized and efficient investment solutions, positioning itself as a crucial player in the future financial market.

 

Invesco’s AI quantitative trading is designed to achieve returns with exceptional stability and minimal risk. Each activation of the AI quantitative trading system is closely monitored 24/7 by a dedicated AI engineer. Moving forward, Invesco will continue to prioritize stability to ensure users receive the best possible profit experience.

 

 

YOUTUBE: https://youtu.be/ql8sIELVVKY

 

 

Media Contact

Organization: Invesco Alpha Inc. (INVAL)

Contact Person: Lucas Brown

Website: https://www.ivzmarkets.com

Email: Send Email

City: Sydney

Country: Australia

Release Id: 12062413083

The post Lucas Brown leads the Invesco fintech team to launch LBAI, an AI-driven financial tool in July. appeared first on King NewsWire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

About Author

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

Continue Reading

Press Release

The Mining Future Introduces the Bitmain Antminer KS5 20Th—Efficiency and Profits in Crypto Mining

Published

on

The Mining Future, one of the leading provider of cryptocurrency mining solutions in Middle East and Latin Amercia, is excited to announce the arrival of the Bitmain Antminer KS5 20Th, a new mining rig designed to help cryptocurrency miners boost their efficiency and profits. With a focus on delivering top performance, the KS5 20Th is here to meet the growing demands of today’s mining world.

The Bitmain Antminer KS5 20Th offers an impressive 20 terahashes per second (TH/s), making it perfect for miners looking to stay ahead in the competitive crypto space of Kaspa mining. Whether it is about mining on small scale or as part of a larger operation, this rig can provide the power any Kaspa miner needs to succeed.

Lower Energy Use, Bigger Profits

One of the biggest challenges for miners is the cost of electricity. The Bitmain Antminer KS5 20Th helps tackle this issue thanks to its high efficiency rates, thus using less energy without sacrificing performance. That means lower electricity bills and a quicker return on investment, allowing it to run a more profitable operation.

Built to Last and Ready for the Future

Not only is the Antminer KS5 20Th powerful, but it is also built to last even in the most tough environments. With a durable design and advanced cooling system, it can handle long hours of continuous operation without impacting its uptime. And with its high performance it can stay ahead of the curve despite the increasing network difficulty and the demands of more power, providing a competitive advantage for its owners.

Simple and Easy to Use for Everyone

The Antminer KS5 20Th has been designed to make it easy to set up and use. Its straightforward controls make it accessible to all types of miners, and with Bitmain’s customer support, you can be sure your mining operation is running smoothly without any hassle.

Hosting Services Now Available

For an even simpler mining experience, the miners can delegate its operations to professional crypto mining hosting service facilities. The Mining Future is now expanded its offering of hosting services for the Bitmain Antminer KS5 20Th. Its hosting solutions provide reliable infrastructure at a very affordable rates, so any miner can focus on just enjoying the profits while leaving all technicalities to the technical experts.

A Smart Investment in the Future of Mining

As cryptocurrency mining continues to grow, having powerful and efficient hardware is more important than ever. The Bitmain Antminer KS5 20Th gives miners the edge they need to stay profitable and competitive in this rapidly changing industry.

For more information or to set up a free consultation, please visit www.theminingfuture.com or contact their team at contact@theminingfuture.com.

About The Mining Future

The Mining Future provides top-notch crypto mining hardware and services, offering the latest technology to obtain maximum efficiency and profitability. Offering reliable equipment and cutting-edge hosting infrastructure, the company enables miners minimize downtime, extend equipment lifespan, and maximize profits.

Contact Details:

Contact Person: Gilbert Corbella

Phone No: 48 535 235 364

Address: Dubai Silicon Oasis, Dubai Digital Park, Building A2,  Premises 10800-001, Dubai, United Arab Emirates.

Website URL:     https://www.theminingfuture.com/

Email Address:  contact@theminingfuture.com

About Author

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

Continue Reading

Press Release

The Mining Future Expands Antminer Hosting Services for S21 Series

Published

on

The Mining Future, one of the leading provider of cryptocurrency mining solutions in Middle East and Latin Amercia, is pleased to announce an exciting expansion to include the latest Antminer Hosting services. With a focus to staying ahead of the curve, The Mining Future now offers specialized hosting solutions for the latest Antminer models, including the S21 200T, S21 Pro 234T, S21 Hydro 335T, S21 XP Hydro 473T, and KS5 Pro 21T.

This service update addresses the latest releases from Bitmain’s top performing models, as well as accommodating the growing demand for more efficient, high-performing hosting solutions that support the newest technological advancements in crypto mining. By offering cutting-edge hosting solutions for these powerful devices, The Mining Future continues its commitment to enabling miners optimize their mining operations while increasing their profitability.

What’s New?

With the S21 series known for its impressive hashing power and energy efficiency, The Mining Future’s hosting services are designed to ensure maximum uptime and minimal operational costs. Here’s what miners can expect:

  • Antminer S21 200T Hosting – Take advantage of the S21 200T’s capabilities with optimized energy consumption and enhanced operational efficiency.
  • Antminer S21 Pro 234T Hosting – Experience industry-leading performance with infrastructure designed to support the S21 Pro’s superior hashing power.
  • Antminer S21 Hydro 335T and S21 XP Hydro 473T Hosting – Benefit from advanced cooling systems tailored for the S21 Hydro, maximizing productivity without increasing energy costs.
  • Antminer KS5 Pro 21T Hosting – Secure a hosting environment that ensures stability and peak performance for the top Kaspa miner model KS5 Pro, guaranteeing continuous operation and zero downtime.

Why Choose The Mining Future for Antminer Hosting?

The Mining Future can provide cutting edge cooling technology, reliable power management, and 24/7 monitoring. Its advanced Antminer Hosting services deliver the highest levels of efficiency and performance for the newest miners in the industry. Their secure, scalable facilities are built to handle the increasing power needs of these cutting-edge machines, giving miners a competitive advantage in today’s fast-paced cryptocurrency market.

For more information or to set up a free consultation, please visit www.theminingfuture.com or contact their team at contact@theminingfuture.com.

About The Mining Future

The Mining Future provides top-notch crypto mining hardware and services, offering the latest technology to obtain maximum efficiency and profitability. Offering reliable equipment and cutting-edge hosting infrastructure, the company enables miners minimize downtime, extend equipment lifespan, and maximize profits.

Contact Details:

Contact Person: Gilbert Corbella

Phone No: 48 535 235 364

Address: Dubai Silicon Oasis, Dubai Digital Park, Building A2,  Premises 10800-001, Dubai, United Arab Emirates.

Website URL:     https://www.theminingfuture.com/

Email Address:  contact@theminingfuture.com

About Author

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

Continue Reading

Press Release

Treendale Pet Medical Offers Trusted Vet Services Near Dalyellup

Published

on

Australia, 22nd Oct 2024, Treendale Pet Medical, a leading veterinary hospital in Australind, has expanded its services to pet owners near Dalyellup. The clinic provides a full range of routine and advanced veterinary care, ensuring that pets in the region have access to high-quality medical support.

Treendale Pet Medical Offers Trusted Vet Services Near Dalyellup

Offering both routine and specialised treatments, Treendale Pet Medical addresses a variety of pet health needs. Services include general health check-ups, dentistry, senior health screenings, and advanced diagnostics. The hospital also provides specialised care, with expert teams dedicated to areas such as oncology, orthopaedic surgery, and neurology.

Dr. Rob Hill, Director of Treendale Pet Medical, shared the clinic’s commitment to extending services to Dalyellup, “The expansion of services near Dalyellup reflects a continued dedication to providing quality veterinary care in the South West. Pet owners in the area now have convenient access to comprehensive veterinary services, delivered with the same level of care that defines the hospital in Australind.”

Treendale Pet Medical offers a broad spectrum of veterinary services, ranging from preventive care to complex medical treatments. The clinic’s routine services include dental care, imaging, and telemedicine consultations, all aimed at supporting long-term pet health. Preventive measures, such as health screenings and regular check-ups, are essential to maintaining the well-being of pets and identifying potential health issues early.

For pets with more advanced medical needs, Treendale Pet Medical offers specialised services such as cancer treatment, pain management, and orthopaedic surgery. The clinic is equipped with state-of-the-art facilities to handle complex cases, providing solutions for conditions that require expert intervention.

Emergency services are also available at the clinic, ensuring immediate care for pets facing urgent health crises. With a team trained to manage emergencies, Treendale Pet Medical provides critical care when it is most needed.

Treendale Pet Medical Offers Trusted Vet Services Near Dalyellup

Dr. Hill also highlighted the clinic’s forward-looking approach to veterinary care, “As advancements in veterinary medicine continue, there is an ongoing commitment to expanding services and introducing new technologies. The goal is to ensure that pets in Dalyellup and surrounding areas benefit from the latest treatments available, regardless of the complexity of their condition.”

Treendale Pet Medical’s comprehensive services include advanced imaging, reproductive services for breeders, and specialist care in dermatology, orthopaedics, and ophthalmology. The hospital’s wide range of offerings is designed to meet the varied health needs of pets, from preventive health management to complex medical procedures.

With the clinic’s location in Australind, pet owners near Dalyellup now have access to expert veterinary care close to home. This expansion ensures that pet health remains a priority in the region, offering families the convenience of comprehensive medical services for their pets without the need for long-distance travel.

For more information about the vet near Dalyellup, Treendale Pet Medical can be contacted at +61 8 9796 1388 or via email at reception@treendalevet.com.au. The clinic is located at 109 The Blvd, Australind WA 6233.

Media Contact

Organization: Treendale Pet Medical

Contact
Person:
Dr Rob Hill

Website:

Home

Email:

reception@treendalevet.com.au

Contact Number: 61897961388

Address:109 The Blvd

Address 2: Australind WA 6233

Country:Australia

The post Treendale Pet Medical Offers Trusted Vet Services Near Dalyellup appeared first on
Brand News 24.
It is provided by a third-party content
provider. Brand News 24 makes no
warranties or representations in connection with it.

About Author

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

Continue Reading

LATEST POST