WF-38XW64
Hong Kong tycoon sues Tyndaris over AI hedge fund losses
Hong Kong tycoon Samathur Li Kin-kan is suing Tyndaris Investments after its AI-powered hedge fund, K1, lost over $20 million in a single day. Li alleges that the system was not as sophisticated as claimed. The trial is set to begin in London in April 2020.
- Date it happened
- 2017-01-01
- Organisation involved
- Tyndaris Investments
- Product, system or model
- K1
Where this came from
Attribution
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