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Robots on the rise: Top 5 most influential AI funds & why Empress Capital is a top pick

By Guardian Nigeria
08 December 2022   |   12:34 am
With the rise of new technologies that enhance various aspects of the economy and workforce, investors are keenly looking for investment opportunities to improve their portfolios and guarantee good returns. One of the fastest-growing innovations is now the centre of many investors' attention as the technology that succeeds beyond the hype and online trends. Artificial…

With the rise of new technologies that enhance various aspects of the economy and workforce, investors are keenly looking for investment opportunities to improve their portfolios and guarantee good returns. One of the fastest-growing innovations is now the centre of many investors’ attention as the technology that succeeds beyond the hype and online trends.

Artificial intelligence (AI) has become more sustainable and in demand as it continues to change the game for lots of key industries, including healthcare, customer service, retail, cybersecurity, and even agriculture.

Along with this rise in technology come the five most influential AI funds looking into backing revolutionary AI start-ups that are set to shape future economies.

Empress Capital Australia and New Zealand Artificial Intelligence Fund

Empress Capital is a venture fund backing early-stage Australian & New Zealand Artificial Intelligence Companies with the vision of leading positive change for humanity by investing in people and innovations. They believe that Artificial Intelligence is changing the way people live, which provides for unique new business models and exceptional high-growth opportunities.  Some of their first investments include companies such as Airseed Technologies and Quintessence Labs.

The company has an experienced team that provides business development, team building, mentoring, and coaching for the companies in their portfolio. They are hands-on and accountable for the success of the companies they invest in.

iShares Robotics and Artificial Intelligence ETF

The iShares Robotics and Artificial Intelligence ETF (NYSEMKT: IRBO) aims to track the performance of an index of developed and emerging market businesses that may profit from opportunities in robotics and AI in the long run. The fund is suitable for investors who are a little more conservative than aggressive on their investments as the companies that the fund is tracking are already in the mid-stages of development.

Global X Robotics & Artificial Intelligence ETF

The Global X Robotics & Artificial Intelligence ETF (NASDAQ: BOTZ) was launched in 2016. It aims to “invest in companies that potentially stand to benefit from increased adoption and utilisation of robotics and artificial intelligence,” such as those engaged in industrial robotics, automation, non-industrial robots, and autonomous vehicles.

ROBO Global Robotics and Automation Index ETF

The ROBO Global Robotics and Automation Index ETF (NYSEMKT: ROBO) invests in companies that are “leading revolutionary advancements in robotics, automation, and artificial intelligence,” in addition to cloud computing and other businesses in the technology sector.

First Trust Nasdaq Artificial Intelligence and Robotics ETF

The Nasdaq CTA Artificial and Robotics Index, composed of businesses involved in artificial intelligence and robotics in the technology, industrials, and other sectors, is what the First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ: ROBT) aims to track.

The top choice for investment growth

While each AI fund has its respective investment opportunities, investors should always consider what’s best for their portfolios, capacities, and how they can indirectly shape the future through the companies they invest in. Empress Capital envisions leading positive change for humanity by investing in people and innovations. The AI funding company values partnering with start-ups composed of AI experts, promoting positive culture, having a track record of success in their developments, and creating technological advancements set to change how the world and its economies run.

The company also provides business development, team building, mentoring, and coaching for the companies in their portfolio. They are hands-on and accountable for the success of the AI companies they invest in.

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