Numerai

Numerai is a unique "crowdsourced hedge fund with AI" where data scientists worldwide compete to build predictive market models.

It blends traditional finance with AI and blockchain technology.

Its "AI for Research & Analysis" classification comes from using AI models for "quant-finance" and "prediction-markets."

Data scientists receive encrypted financial data ("data provision"), build models, and submit predictions. The best models are rewarded with cryptocurrency, and predictions inform Numerai’s hedge fund strategies.

This "model competition" fosters a global data scientist community contributing collective AI intelligence, demonstrating a novel distributed approach for financial forecasting and investment decision-making.