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Artificial intelligence can be a great tool for research, but it is not ideal for investors to use it for selection of stocks, Screener AI co-founder Ayush Mittal said.

"Don't use AI for stock selection, but as a tool for research. AI can help you with data, making it concise and easy to collate. It will give u insights. But make investment choices based on risk appetite and investment pattern," Mittal told NDTV Profit .

He highlighted the incredible speed AI brings to research. Screener AI provides users with "massive data so they can get all information," a task made possible by both regulatory changes and technological leaps, Mittal said.

"The benefit is you are getting factual data and we can safeguard against hallucin

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