This is complete nonsense!
There is no evidence that this works.
And to write just a program that will work according to a given algorithm, it's not an artificial intelligence.
If he existed, then if he realized himself, he would not get into such nonsense

I think think the project will probably try to use some sort of genetic algorithm. I heard they are quite common in financial markets, so it's nothing new. It takes time for the algorithm to evolve and adjust to the markets, so they can make the best decision given the patterns they read but it's possible. I'm not sure that can be considered artificial intelligence or not, but since there is a learning process, I think it can.