Backed by Union Square Ventures, the co-founder of Renaissance, and the co-founder of Coinbase.
As far as Hayden Burgoyne is concerned, picking stock market winners is hardly rocket science. And he should know. Burgoyne is a NASA engineer who spends his days plotting a mission to explore the moons of Jupiter. But at night, the 32-year-old is an amateur quant...
Richard Craib is a 29-year-old South African who runs a hedge fund in San Francisco. Or rather, he doesn't run it. He leaves that to an artificially intelligent system built by several thousand data scientists whose names he doesn't know...
With performance falling, investors fleeing and offices closing, hedge funds had a rough 2016. But San Francisco-based Numerai was just getting started. Instead of relying on the genius of a single person or small team, the firm uses encrypted data sets to crowdsource stock market prediction models...
A hedge fund focused on artificial intelligence has raised $1.5m from a group of investors led by a founder of Renaissance Technologies, one of the world’s biggest money managers, underscoring the growing interest in applying cutting-edge technology to markets...
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Note: Numerai runs a quantitative global equity market neutral hedge fund which is unsuitable for most investors. The fund is designed for institutional investors though some high net worth accredited individuals may qualify.