Commodity traders bet on big data and AI
Tom Wilson and Malcolm Moore
Updated
Lausanne | The world’s largest commodity traders are investing heavily in data processing and analysis in a race to develop a technological edge over rivals.
Groups such as Vitol and Trafigura, which traditionally relied on political connections, handshakes and logistical skill to move natural resources from remote locations to willing buyers, are increasingly focused on how to apply artificial intelligence in the most physical of industries.
Financial Times
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