"There's a hell of a lot of signal in the world that is not currently being transacted upon," Brightwave CEO Mike Conover told TechCrunch. "The core job of an asset manager is to know something about the world that nobody has seen in order to identify a mispriced asset, and it's not clear that is a task well-suited to the human attention span." This underscores the challenge of accurately assessing market opportunities, advocating for the added efficiency of AI in identifying signals.
Brightwave's AI agent can generate research reports for asset managers, using generative AI to summarize news events, stories or market reports. For instance, the AI can transform a 30-page report on the state of AI from Goldman Sachs into roughly five pages, highlighting key numbers and forecasts. This capability demonstrates how AI can streamline information processing, enhancing decision-making for investors.
The startup boasts a significant differentiator in its knowledge graph — a method for representing real-world entities and their relationships. Conover's experience in developing knowledge graphs during his PhD underlines the technological sophistication which enables Brightwave’s AI to better analyze and interpret data in comparison to less specialized tools, providing more informed insights for asset managers.
Collection
[
|
...
]