Numerai is assembling a team to make its hedge fund self-improving
Richard Craib wants AI to move beyond contributor models and into risk and other systems inside Numerai's roughly $700 million fund.
By Ryan Merket · Published
Primary source: X
Why it matters
Numerai has opened alpha generation to outside models. Craib's hiring push moves AI into risk and portfolio infrastructure, where errors can affect hundreds of millions of dollars.
Richard Craib (@richardcraib), the founder and CEO of Numerai, is assembling a new team to apply frontier AI across the hedge fund's internal research and risk systems, he said in a two-post thread on X on August 4th.…
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