EquiLibre Technologies, a Prague-based AI lab founded by three ex-DeepMind researchers, is now valued at more than $500 million.
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naddr1qv…vtm4EquiLibre Technologies, founded by three former DeepMind researchers, has applied AI technology, similar to that used to beat humans at poker, to stock trading, achieving a $500 million valuation. The company's AI algorithms have been trading billions in daily volume across major markets with a reported perfect record of zero negative months since inception. The startup focuses on applying AI to quant hedge funds, attracting investment due to the large addressable market and potential for profit. - EquiLibre Technologies, founded by ex-DeepMind researchers, is valued at $500 million after a Series A funding round led by Creandum. - The company uses reinforcement learning, a technique that also powered their AI to beat humans at poker, for stock trading. - EquiLibre's AI algorithms trade billions in daily volume across the S&P 500 and NASDAQ, claiming a perfect record of profitable months since 2025. - The startup's founders are motivated by building novel AI systems rather than purely financial efficiency. - EquiLibre plans to scale its compute infrastructure, aiming for one of the largest compute clusters in Central and Eastern Europe. Continue reading https://techcrunch.com/2026/06/30/the-deepmind-trio-who-built-a-poker-ai-are-now-making-money-for-quant-hedge-funds/