AIM Technologies Holding Company, the U.S. affiliate of AIM, the largest artificial intelligence (AI) asset management platform in Korea, announced on July 30 that it has expanded and relocated its office from Long Island City, New York to Midtown Manhattan to strengthen its platform capabilities.
AIM Technologies Holding Company oversees AIM's AI algorithms, software development, and intellectual property (IP). Through the expansion and relocation of AIM Technologies Holding Company, AIM aims to further solidify its Wall Street financial network, recruit top domestic and international development talent, and enhance its AI asset management algorithm, Esther, to target the U.S. local asset management market.
Based on its competitive edge in global investment advisory capabilities, AIM has set a goal to grow into a global company by increasing its user base from the current 1 million to 10 million by 2030.
Last month, AIM achieved a "double million" milestone as the first domestic direct-to-consumer (D2C) fintech company to record 1.38 million app downloads and 1 million users. Over the past three years, users have recorded an average cumulative return of 63.21%.
Lee Ji-hye, CEO of AIM, said, "We expect that the positive synergy between AIM's strengths in global and digital technology will be further enhanced in New York, the center of global finance," adding, "We will use this expansion and relocation as a bridgehead not only to meet domestic asset management demand but also to enter overseas AI asset management markets."
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