Numerai is an AI-run, crowd-sourced hedge fund based in San Francisco. It was created by South African technologist Richard Craib in October 2015. Its primary competitors are other open source trading platforms mainly QuantConnect, and WorldQuant. Numerai’s trades are determined by an AI, which is fueled by a network of thousands of anonymous data scientists. Numerai's investment group was led by Howard Morgan of Renaissance Technologies, and its investors include Paul Tudor Jones and Naval Ravikant.
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