Numerai LLC, a quantitative investment company based in San Francisco, has received a commitment of up to $500 million from JPMorgan Asset Management, which will be deployed within the next year. The company currently manages approximately $450 million in assets.
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JPMorgan Chase pledges $500 million to crowdsourced hedge fund Numerai
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The US will release a series of employment data tonight, and the probability of an interest rate cut has reached as high as 94%.
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