AI Talent War Drives Quant Firms to Invest in Labs, University Sponsorships

· Bloomberg ·

1 min read Original article ↗

Takeaways by Bloomberg AI

Wall Street’s quant firms have long been among the most lucrative destinations for the world’s top scientific minds. The AI boom has given those mathematicians and physicists another set of deep-pocketed suitors — and sent some of finance’s most secretive employers on an increasingly public recruitment drive.

Take the jet-setting schedule of Charles Martinez, who leads academic outreach for G-Research, a London-based quantitative trading firm. A physicist with a doctorate himself, he attends AI conferences around the world, visits universities from Boston to the Arctic Circle and hosts pub quizzes where math replaces trivia. The pitch, in essence: help build models to predict the next move in financial markets rather than the next token in an AI system — even if it means toiling in the shadows.