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AI · 2h ago

Ex-DeepMind Trio’s AI Lab Hits $500M Valuation in Quant Finance

By Meridian48 News Desk · Summarised from TechCrunch AI ·

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.
Read the full reporting
The DeepMind trio who built a poker AI are now making money for quant hedge funds →
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