Former DeepMind researchers who created an AI that beat humans at poker are now using the same tech to trade stocks, and it’s paying off. Their company, EquiLibre Technologies, is valued at $500 million after a massive Series A funding round. The team’s AI uses reinforcement learning to make trades, and has been performing well since its rollout on crypto markets and now on stock exchanges. With a perfect record of zero negative months, the startup is making waves in the quant hedge fund space. Why it matters: this development highlights the potential for AI to disrupt traditional finance and create new opportunities for innovation and profit.