The DeepMind trio who built a poker AI, are now making money for quant hedge funds
Former DeepMind researchers have founded EquiLibre Technologies, an AI lab that applies reinforcement learning techniques—originally used to beat humans at poker—to stock market trading. The startup has secured significant venture capital funding and claims a successful track record in financial markets.
Why it matters
This demonstrates the practical application of advanced AI research in high-stakes financial environments, signaling a shift in how quantitative hedge funds operate.
Three former DeepMind researchers who created an AI that beat humans at poker have now applied the same technology to trading stocks — and the bet appears to be paying off. Their Prague-based AI lab, EquiLibre Technologies , is now valued at $500 million after raising an undisclosed-sum Series A, TechCrunch learned.
The article provides a factual account of a business development and the underlying technology without bias.
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