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

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.

Continue reading