Goldman Sachs tested its investment trust, which it claimed makes decisions using AI, in Japan in 2017. The software purportedly runs on natural language processing, a type of artificial intelligence that can discern the meaning within digital text. The software seems to run through analyst reports and news reports (over 26 million as of the 2017 press release) in order to determine the best investments for clients. They claim that their software can help with predicting the best investments, identifying undervalued shares and determining profitability.
Cognoa has had their application designed for helping doctors in diagnosing children with autism approved by the FDA. The …