Aethon Fund launched on July 15 with $50 million in capital, using a trading strategy refined through Prospero.ai's retail investor signals over four years. The hedge fund, built by CEO George Kailas,…
Hedge funds including Citadel, Point72, and Marshall Wace are increasingly turning to external alpha capture programs to source investment ideas as AI erodes traditional competitive advantages, accord…
A new survey from Employment Hero finds that 51% of Gen Z workers feel guilty using AI at work, yet employers now rank AI skills above a university degree in hiring criteria. The report, based on 8,74…
Hedge fund billionaire Ken Griffin, who dismissed AI as 'garbage' in January, now predicts a 'golden age of entrepreneurial activity' powered by the technology, signaling a shift in institutional capi…
Billionaire Ken Griffin told Goldman Sachs that most corporate claims about AI are actually about machine learning or digitization, not true artificial intelligence. He warned that conflating these te…
A wave of AI startups founded by former hedge funders from firms like Bridgewater, Schonfeld, and Jain Global aims to automate investment research and analysis, potentially replacing human talent. The…
Millennium Management, a $70 billion hedge fund, is launching its own AI lab within weeks, led by veteran researcher Vaibhava Goel from IBM Watson. The lab aims to accelerate access to cutting-edge AI…
Event Horizon Labs (EHL Markets), a San Francisco-based early-stage startup, develops AI agent systems for automated hypothesis generation and algorithmic trading strategy development in financial mar…
Oil prices continued to fall as tanker traffic through the Strait of Hormuz appears to increase significantly, while Asian stock markets followed New York lower, with the tech sector weighing. Paul Ga…
Google DeepMind distinguished engineer Vladimir Feinberg advised aspiring AI researchers to "work like a dog" to land jobs at top labs like OpenAI, Anthropic, and Google DeepMind, emphasizing intent, …
A researcher at a frontier AI lab advises aspiring candidates to pursue rigorous mathematics and programming coursework, work intensely, and focus on high-value problems to compete for jobs at top lab…
Billionaire Citadel founder Ken Griffin reversed his earlier dismissal of artificial intelligence after witnessing AI agents complete complex work in hours that previously took employees weeks or mont…
Ted Yang, a former leader at Bridgewater and Citadel, has released a new book titled 'Ageless Peak Performance: The Playbook for AI-Powered Excellence,' which argues that generative AI can extend peak…