JPMorgan Invests $500M In AI-Hedge Fund Numerai; NMR Price Up 33%

JPMorgan Chase has invested $500 million in the AI hedge fund Numerai. The San Francisco-based hedge fund has now doubled its assets under management, after growing its AUM from $60 million to $450 million at the time of this writing. Numerai Secures $500 Million Investment From JPMorgan In a press release, the team behind the

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