AI · 2h ago
Ex-DeepMind Trio’s AI Lab Hits $500M Valuation in Quant Finance
EquiLibre Technologies, founded by three former DeepMind researchers who built a poker AI, is now valued at over $500 million. The Prague-based lab applies its AI expertise to quantitative hedge fund trading. The company’s technology aims to generate profits in financial markets using advanced algorithms.
Meridian48 take
The valuation reflects strong investor appetite for AI-driven finance, but the real test will be whether their poker success translates to sustained market returns.
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The DeepMind trio who built a poker AI are now making money for quant hedge funds →
TechCrunch AI
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