May
22

Tudor’s Jones Said to Back AI Hedge Funds CargoMetrics, Numerai

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Paul Tudor Jones, the founder of Tudor Investment Corp., has invested in two artificial-intelligence startups as the money manager expands into strategies that employ big data.

The hedge fund manager has invested in CargoMetrics Technologies, an investment firm that uses tools such as satellite signals and shipping data to trade commodities, currencies and equity futures, according to a person with knowledge of the matter. He’s also backed Numerai, a San Francisco-based hedge fund that makes wagers using anonymously submitted models, said the person, who asked not to be identified because the information is private…

Tudor’s Jones Said to Back AI Hedge Funds CargoMetrics, Numerai

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Categories : Hedge Funds

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