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Business

Artificial intelligence gets a seat in the boardroom

Hong Kong venture capitalist sees AI running Asian companies within 5 years

Intelligent companies will likely introduce AI to support directors, rather than replace them.

HONG KONG -- A Hong Kong venture capitalist fund credits a single member of its management team with pulling it back from the brink of bankruptcy. But the executive is not a seasoned investment professional, nor even a human being. It is an algorithm known as Vital.

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