There's a new way to land an internship at Millennium: be an AI superstar

Millennium received more than 70,000 applications for its summer internship. Millennium Millennium accepted 0.4% of summer interns out of more than 70,000 applicants. The hedge fund has introduced an AI internship track this year, which was a "strategic decision." The new opportunity comes one year before Millennium launches its investment internship. Millennium considers a select group of employees "change agents" — and they're not top portfolio managers or senior executives. Instead, those tasked with transforming the firm from within are summer interns on a new AI track, a program that's part of a broader effort among top hedge funds to invest in young employees . "Doubling down on early career talent and the age of AI is important," said Mallory Triano, Millennium's global head of campus recruiting. "It obviously was a strategic decision for Millennium to really focus on bringing those that have native AI fluency and innovation."