DeepMind alumni taught AI to make money in markets — now valued at $500M

Friends, here’s a story from the AI and fintech world: former DeepMind researchers have launched EquiLibre Technologies and moved reinforcement learning from poker into trading.

The Prague-based company has raised a Series A and, according to TechCrunch, is now valued at $500 million.

What matters:
• its algorithms are already trading in partnership with Tower Research Capital;
• volumes run through the S&P 500 and NASDAQ;
• the team says it has not had a single losing month since launch.

For me, the key signal is simple: RL is moving beyond games and becoming a practical tool in competitive markets.

Why it matters: cases like this show how quickly research ideas turn into products with real revenue.

Do you believe AI labs will be able to compete with traditional quants?
#AI #fintech #trading #DeepMind