03.06.2024 Opalesque Roundup: AI investments gaining traction at hedge funds: hedge fund news
In the week ending May 31st 2024, media reports revealed that tech savvy hedge funds are investing in generative AI by hiring top talent. Business Insider collected salary data from 8 hedge funds and prop-trading firms for AI roles. For years, hedge funds and prop-trading firms have relied on massive amounts of data and the workers who analyze it to beat the market. But the promise of generative A
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