Microsoft Bing chat will unlock AI stock speculation function: provided free of charge, you can predict the future trend of stock prices
CTOnews.com June 29 news, Microsoft is actively exploring various possibilities of generative AI, one of the future application scenarios is to provide users with information reference for stock speculation, can predict the future price trend.
Mikhail Parakhin, head of advertising and web services at Microsoft, said in a recent tweet that Bing Chat users would be invited to test AI's stock trading function in the coming months.
Microsoft says that by analyzing the stock price model, it can predict the probability that a stock will be higher or lower than a certain price at a certain time, helping investors to make more informed investment decisions.
Microsoft said the new function mainly uses option pricing (Option Pricing) forecasting, combining the current stock price, exercise price, maturity date and stock volatility and other factors to create a new model to predict stock price movements.
CTOnews.com note: "I don't think there is any free consumer tool to do this yet," the tweet said, implying that the AI stock trading function of Bing chat will be available to users free of charge.