Reported 3 days ago
WorldQuant reported a significant increase in participation for its quantitative contest, with 80,000 university students competing this year—double the number from last year—due to the accessibility of AI technology. The rise of AI has empowered individuals and small teams to create trading algorithms more efficiently, turning the contest into an essential talent source for major hedge funds. MinKyeom Kim from South Korea won the top prize, with other winners hailing from India, Kenya, and Taiwan.
Source: YAHOO