The DeepMind trio who built a poker AI are now making money for quant hedge funds

EquiLibre Technologies, a Prague-based AI lab founded by three former DeepMind researchers, has reached a valuation of more than $500 million. The team is best known for work on poker AI and is now applying its expertise to quantitative hedge funds.

The valuation highlights growing investor appetite for AI systems that can operate in complex, adversarial markets. It also suggests game-theory AI is moving from research milestones into high-value financial applications.