JPMorgan Commits $500M to Numerai, Accelerating Crypto‑AI Fusion
JPMorgan Commits $500M to Numerai, Accelerating Crypto‑AI Fusion
Numerai, the AI-driven hedge fund backed by legendary investor Paul Tudor Jones, has secured a $500 million allocation from JPMorgan Asset Management — a strategic move poised to more than double the firm’s assets under management and mark a deeper institutional pivot into AI-integrated crypto strategies.
The San Francisco-based hedge fund confirmed that the capital will be deployed over the next 12 months. The returns on JPMorgan’s commitmen...
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