XTX

XTX Markets to Invest $1 Billion in Advanced Data Hub: Aiming for AI Supremacy in Trading

2 months ago

XTX Markets, the technology-driven trading firm co-founded by renowned mathematician and investor Dr. Alex Gerko, has made a significant announcement regarding its plans to build a state-of-the-art data hub, intensifying its focus on machine learning and artificial intelligence applications in the financial sector. The proposed investment amounts to an eye-popping $1 billion, positioning XTX as a serious competitor in the data analytics space, particularly in the trading of financial instruments.

Billionaire Gerkos' XTX Invests Millions to Enhance AI's Mathematical Skills

4 months ago

In a bold move that could redefine the landscape of artificial intelligence, billionaire trader and philanthropist, Gerkos, has announced a substantial financial commitment aimed at improving AI's capabilities in mathematics. The investment is channeled through his quantitative trading firm, XTX. With this initiative, Gerkos intends to sharpen the already pivotal role of AI in analyzing complex calculations, driving financial decisions, and advancing scientific research.