FE Fundinfo has made its fourth acquisition in 12 months, snapping up artificial intelligence (AI) platform company Lunar AI.
UK-based Lunar AI was founded in 2022. The AI platform company uses large language models (LLMs) to improve automation and data connectivity within investments. FE Fundinfo is set to establish an "AI innovation hub", with members of Lunar AI's team including its founders joining the business. Their insight will "help further accelerate" the business' AI strategy, FE Fundinfo stated in a press release this morning (30 April). Lunar AI CEO Andrew Flook said: "We have always believed in thoughtful automation and AI to meet the needs of asset managers. "Becoming a part of FE Fundin...
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