(Solved): Artificial Thinking is a start-up company that aims to build new Artificial Intelligence (AI) tool ...

Artificial Thinking is a start-up company that aims to build new Artificial Intelligence (AI) tools to help companies make better (more intelligent) investment decisions. The start-up explores three different AI technologies to develop these AI tools. These technologies require different initial investments. The outcome of this development project could be an AI platform that can outperform the existing AI tools, perform at the same level, or be inferior to them. These possibilities result in expected revenues of

, or

million, respectively. The required initial investment for each technology and the chances that the final product is superior, equal, or inferior to the existing technologies are listed below. 1- Draw a decision tree for this problem 2- Identify the best decision and the expected profit associated with this decision 3- Draw the risk profileArtificial Thinking is a start-up company that aims to build new Artificial Intelligence (AI) tools to help companies make better (more intelligent) investment decisions. The start-up explores three different AI technologies to develop these AI tools. These technologies require different initial investments. The outcome of this development project could be an AI platform that can outperform the existing AI tools, perform at the same level, or be inferior to them. These possibilities result in expected revenues of $100, $60, or $5 million, respectively. The required initial investment for each technology and the chances that the final product is superior, equal, or inferior to the existing technologies are listed below. 1- Draw a decision tree for this problem 2- Identify the best decision and the expected profit associated with this decision 3- Draw the risk profile Final product compared to other tools Technology Required Investment (million $) Superior Equal Inferior Tech 1 15 50% 15% 35% Tech 2 35 70% 10% 20% Tech 3 25 65% 30% 5% Artificial Thinking is a start-up company that aims to build new Artificial Intelligence (AI) tools to help companies make better (more intelligent) investment decisions. The start-up explores three different AI technologies to develop these AI tools. These technologies require different initial investments. The outcome of this development project could be an AI platform that can outperform the existing AI tools, perform at the same level, or be inferior to them. These possibilities result in expected revenues of \( \$ 100 \), \( \$ 60 \), or \( \$ 5 \) million, respectively. The required initial investment for each technology and the chances that the final product is superior, equal, or inferior to the existing technologies are listed below. 1- Draw a decision tree for this problem 2- Identify the best decision and the expected profit associated with this decision 3- Draw the risk profile