Qraft Technologies Raises $146 Million to Accelerate A.I. in Asset Management Industry

A.I.-enabled fintech company Qraft Technologies recently closed a $146 million investment from SoftBank Group Corp. The companies say they are entering a partnership to accelerate artificial intelligence in the asset management industry. Qraft has already developed A.I. solutions that have been used by major financial institutions and says its new approach to asset management maximizes investment efficiency. Qraft Technologies U.S. CEO Robert Nestor joined Cheddar News' Closing Bell to discuss.