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Finance

Yahoo Japan to put big data, AI to work for investors

TOKYO -- Yahoo Japan will launch an asset management service steered by artificial-intelligence analysis of big data, the company announced Friday.

The Yjam Plus mutual fund will be managed by an Astmax subsidiary in which Yahoo Japan invested last month. It will accept investments starting Nov. 28, with operations beginning Dec. 20. Initially targeting domestic stocks, it will be marketed through banking and securities arms of Fukuoka Financial Group.

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