Discussion

• @borrowed_ideas @borrowed_ideas on x

  this was such a riveting read. If you're a Google shareholder, nobody came across better than Sundar Pichai in this entire saga. The fact that so many of them wanted Pichai to resign is a good reminder how clueless outsiders can often be. “...the DeepMind duo got on the phone

• @netcapgirl Sophie on x

  google shutting down a deepmind hedge fund [image]

• @hanchunglee Han on x

  guess it's a win for high flyer to do both quant + ai research at the same time.

• @yang_supertramp @yang_supertramp on x

  If you want to understand why frontier AI labs and hedge funds operate in almost identical ways, why scientists trained in cross-disciplinary thinking can be such versatile talents, and how Jim Simons selected unconventional hires, highly recommend reading this article. [image]

• @colossusmag @colossusmag on x

  We're publishing an exclusive chapter from @scmallaby's brilliant new book about Demis Hassabis and DeepMind. This is the inside story of Project Mario. How DeepMind's co-founders spent 4 years trying every mechanism they could think of to put guardrails around AGI, only to [imag…

• @skyquake_1 @skyquake_1 on x

  Google made $400b in 2025 Medallion fund averages 66%~ with capacity constraint at $10-15b AUM so being extremely generous we're looking at $10b or 2.5% of rev with no growth

• @colossusmag @colossusmag on x

  Hassabis secretly built a hedge fund inside DeepMind trying to beat Jim Simons. Google shut it down. [image]

• @abcampbell @abcampbell on x

  this will happen inevitably but it will take a couple of blows up and some humility, of the SF vs NYC kind, before it works

• @trungtphan Trung Phan on x

  Demis tried to build hedge fund at DeepMind with 20 researchers to beat Renaissance Technology but it got shut down. Here's Jim Simons on why he hired PhDs instead of investment professionals: “You can teach a physicist finance, but you can't teach a finance person physics.” [vid…

• @tachikoma.elsewhereunbound.com @tachikoma.elsewhereunbound.com on bluesky

  fascinating read, i don't usually get sucked into articles but this felt timely and edifying [embedded post]