A New Way to Invest: Numerai's Big Win
Numerai, a unique hedge fund based in San Francisco, just raised a whopping $30 million in its Series C funding round. This round was led by some big-name university endowments and valued the company at a cool $500 million. That's a huge jump from its 2023 valuation! J. P. Morgan Asset Management also made a big move by committing up to $500 million to Numerai’s hed...