ALO ALTO, CALIF.-- June 07, 2023 -- Streetbeat, known for its patented AI-generated investment strategies, is proud to announce the launch of SmartPilot, a cutting-edge investment service that actively manages portfolios based on real-time news analysis using ChatGPT4.

SmartPilot utilizes powerful generative AI and proprietary algorithms to analyze vast real-time news data. By dynamically adjusting portfolio allocations, SmartPilot identifies opportunities to increase exposure to companies with positive news coverage while reducing exposure during adverse news events.

SmartPilot is available to all customers using the Streetbeat investing app. Customers can easily create an account or connect their existing brokerage account, including Robinhood, TD Ameritrade, Interactive Broker, and more will be available soon (see full list on our website).

Damian Scavo, CEO of Streetbeat, stated, “Our aim is to redefine the investment landscape and set new industry standards. With innovations like generative AI and quant-trading capabilities, we are transforming retail investing. Our mission is to lead the AI revolution in finance and democratize access to quality investment advisory services, once limited to a selected few.”

Capitalizing on Market Trends

SmartPilot is just one of the many distinctive features of the Streetbeat investing app. Customers can create their own strategies, called “Copilots,” using generative AI simply by conversing with the app, similar to interacting with a professional investment advisor or choosing a range of actively managed options.

“We understand that every investor is unique,” added Damian Scavo. “Our app is designed to provide choice, control, and user-friendly investing, empowering individuals to build long-term wealth.”