(Bloomberg) -- Paul Tudor Jones built his career on market savvy and a strong stomach for risk. Now, his gut is telling him to bet that data and the smarts of scientists can help his $10.6 billion hedge fund firm find profitable investment ideas.
Jones’s firm, Tudor Investment Corp., invested several million dollars late last year in a pair of startups led by entrepreneur Gil Syswerda and has partnered with them to use machine learning in investment decisions, according to people with knowledge of the matter.
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