A new Danish hedge fund has received quite a large amount of attention in the last month or so. They are launching a new investment fund that uses proprietary AI to select stocks to invest in. They claim to on the forefront of this. However, looking a bit on what research exists, it seems as if it is not as cutting-edge as they try to make it to be. I'm not an expert though which is why I would like to hear other's opinions.
Any ideas of similar funds already existing? They seem pretty confident in their solution so any ideas of what it is they are doing (different)?