Numerai, Llc announced it raised $750,000 in an amended filing from an offering of $750,000

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Numerai is a new kind of hedge fund built around a global network of data scientists, managing an institutional-grade long/short global equity strategy powered by collective machine intelligence. By transforming financial data into machine learning challenges, Numerai enables thousands of data scientists worldwide to contribute encrypted, original models through its pioneering data science tournament launched in 2015. The most accurate models are synthesized into a unified AI system that directs the firm’s investment capital, creating a uniquely collaborative and innovative approach to quantitative investing.