From Poker to Wall Street: Ex-DeepMind Trio Lands $500M for Quant Trading AI
Three former DeepMind researchers who built DeepStack, the first AI to beat professional poker players, have raised a Series A at a $500 million valuation for EquiLibre Technologies. The Prague-based startup applies reinforcement learning to stock and crypto trading, handling billions in daily volume through Tower Research Capital, with a perfect record of zero negative months since inception.
Key Takeaways
- Three former DeepMind researchers who built DeepStack, the first AI to beat professional poker players, have raised a Series A at a $500 million valuation for EquiLibre Technologies.
- The Prague-based startup applies reinforcement learning to stock and crypto trading, handling billions in daily volume through Tower Research Capital, with a perfect record of zero negative months since inception.
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