Commodities producers are increasingly making use of artificial intelligence and machine learning for shortterm market forecasting, joining the ranks of speculators and hedge funds first to take up AI in the commodities space, while analysts and consumers continue to lag behind, according to the CEO of Commodities Artificial Intelligence. ChAI is a UK-based company that uses AI and machine learning to make short-term price predictions, typically of up to three months, in the nonferrous metals, oil and petchems markets
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