Vanguard Embraces AI Revolution in $13 Billion Stock Funds Ahead of World AI Cannes Festival

Vanguard has jumped the artificial intelligence bandwagon after integrating machine learning into its managed stock funds. According to a Bloomberg report, the American registered investment advisor has set in AI across several active stock funds with a combined $13 billion under management. This comes at a time when the World AI Cannes Festival is just around the corner, making the move in tandem with market sentiments.