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Artificial intelligence improves fine wine price prediction

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Fine wine

The price fluctuation of fine wines can now be predicted more accurately using a novel artificial intelligence approach developed by researchers at UCL. The method could be used to help fine wine investors make more informed decisions about their portfolios and encourage non-wine investors to start looking at wine in this manner and hence increase the net trade of wine. It is expected that similar techniques will be used in other ‘alternative assets’ such as classic cars.

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