HSBC Asset Management backs financial AI platform Model ML
What's the deal? HSBC Asset ManagementDealroom has a profile for this one. Try Dealroom → has invested in Model ML, a financial AI platform.
What's the endgame? Model ML builds AI tools aimed at financial services. The backing from HSBC's asset management arm gives the startup a foothold with a major institutional player.
The signal: The investment reflects growing appetite among large financial institutions to back AI startups building for their own sector.
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Image credit: kenteegardin
Source: dealroom
