The billionaire math geek who turned AI into a money-printing machine

Alex Gerko’s bold bet on AI has made his trading firm, XTX Markets, one of the most profitable players in the secretive world of algorithmic trading.

Eric Trump’s crypto company has made him $90M — but everyday investors who believed that his business was a ‘money-printing machine’ are down $500M

How the hype around American Bitcoin turned into steep losses for late investors.
CoinDesk

Chart of the Week: Wall Street's 'Infinite Money Glitch' Moves From Bitcoin to Altcoins

Wall Street has long mastered the creative art of turning complexity into a money-printing machine. How do they do it? Financial engineering — an art of structuring debt, equity, and derivatives to ...
Hindustan Times

The Billionaire Math Geek Who Turned AI Into a Money-Printing Machine

LONDON—Alex Gerko’s edge as a trader comes from a supercomputer powered by geothermal energy in Iceland. Alex Gerko founded XTX in 2015, naming the trading firm after a mathematical formula. Years ...