tech
The DeepMind trio who built a poker AI are now making money for quant hedge funds
EquiLibre Technologies, a Prague-based AI lab founded by three ex-DeepMind researchers, is now valued at more than $500 million.
TL;DR
- 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.