Bridgewater Launches $2 Billion Fund Run by Machine Learning

  • New vehicle led by co-CIO Greg Jensen began trading Monday
  • Bridgewater has been exploring ways to use AI since 2012
Nir Bar DeaPhotographer: Christopher Pike/Bloomberg
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Bridgewater Associates launched a fund that uses machine learning as the primary basis of its decision-making.

The vehicle debuted with almost $2 billion of capital from more than a half-dozen clients and began trading Monday, according to people familiar with the matter, who asked not to be identified discussing the strategy.