19.07.2023
Japanese broker Rakuten Securities launches AI chatbot for investors
19.07.2023
Glory Faleke
Contributor

​Japanese brokerage Rakuten Securities has announced the launch of an artificial intelligence-based chat service designed to help with investment-related questions.

 The chat service is currently in test mode and will be available on a first-come, first-served basis. In addition, once a limit of requests is reached, the chat service will be locked for the user for the rest of the day.

 FNG reports that the chatbot is equipped with a patented AI model developed by Rakuten.

 The purpose of the service is to help novice investors, who often face difficulties in a new field.

 Since 2020, Rakuten Securities has seen a significant increase in the number of accounts, which means that the percentage of people who are new to investing has also increased. In order for these people to continue investing, it is essential that they gain knowledge in this area. Rakuten wants people to invest for the long term and build their wealth.

 To use the chatbot, you need to follow four simple steps:

 STEP 1. Click the "Start using" button to get to the chatbot screen.

 STEP 2. Ask a question on the chatbot data entry screen.

 STEP 3. Wait for the AI to generate an answer.

 STEP 4. If you need to ask a new question, press the "From the beginning" button.

 Earlier, our team wrote that Robinhood is planning to enter the UK market.