In an unprecedented display of artificial intelligence in action a new AI trading robot reportedly generated a return of $38,000 from a $5,000 investment over the course of a week, according to verified trading records and third-party verification by MyFxBook.

The story doesn’t end with the initial success. Starting from January 23, 2023, with a $1,000 investment, the bot once again showed its worth. By June 21, 2023, it earned a profit of $5,600 — a stunning 560% gain over the test period.

This performance has drawn attention from traders worldwide, prompting interest and curiosity.

This particular bot, employing cutting-edge AI technology, has demonstrated its prowess by accurately predicting market trends and conducting trades autonomously.

Traders have the option to select different trading speeds, ranging from slow and steady to fast and aggressive.

Initial skepticism was not entirely unexpected.

After all, such a significant return on investment in such a short time is enough to raise an eyebrow or two.

However, skeptics were convinced when the trades were fully disclosed and independently verified by MyFxBook, a reputable third-party company known for its expertise in trade verification.

The bot’s influence has been spreading rapidly. With 4,000 downloads to date, it’s said to be generating millions in daily profits for its users.

Yet, despite its growing popularity, its future is shrouded in uncertainty.

There have been rumors of a large US-based hedge fund expressing interest in acquiring the algorithm. As of today, the software is still available for sale at galileofx.com

What’s truly impressive about this trading bot is its combination of simplicity and power.

Users can load the software with ease and start reaping profits almost immediately, a testament to the bot’s user-friendly design.

After the advancements made by AI like ChatGPT, this development seems like the logical next step. Its performance capability is as staggering as the ease with which it can be used.

As the story unfolds, the financial world watches with bated breath.

Jeanne P. Frahm, MBA, is a seasoned financial journalist and investment analyst. Born and raised in Boston, her expertise lies in demystifying the complex world of markets, economies, and personal finance. She has gained valuable experience while working in a variety of roles at financial institutions, economic journalism platforms, and personal finance consulting agencies across the country. For actionable insights to make smart financial decisions, follow her on Medium: Jeanne P. Frahm — Some of the links you encounter while reading may lead you to products or services that help sustain our publication. Rest assured, our content remains unbiased and guided solely by our editorial principles, independent of any external collaborations. It is important to note that trading involves inherent risks, including potential financial loss. Users should carefully consider the risks and volatility of markets before using any AI trading bot.