Hassabis Secretly Built Hedge Fund Inside DeepMind to Beat Jim Simons — Google Shut It Down

r/singularity / Axios·medium signal

Sebastian Mallaby's new biography 'The Infinity Machine' (published March 31) reveals Demis Hassabis assembled ~20 researchers inside DeepMind to train high-frequency trading algorithms, aiming to beat Renaissance Technologies' Jim Simons, and explored a collaboration with BlackRock. Google did not approve and shut the operation down. The book is based on 30+ hours of interviews with Hassabis. 157 upvotes on r/singularity.