News linked to both this project and an event.
EntropyIO announced the completion of a $14 million funding round, led by Ribbit Capital, along with $40 million in HYPE staking support. The first batch of markets has gone live on Hyperliquid.EntropyIO stated that it has launched the first liquid Anthropic trading market and plans to further expand into assets such as Pre-IPO startups, computing resources, public companies, and global indices to enable around-the-clock trading.Team members come from Citadel Securities, Optiver, Polymarket, and Millennium, and have developed a liquidity-weighted oracle that dynamically adjusts external oracle price weights based on executable market depth, aiming to improve price discovery and liquidity for new asset classes.
According to Bloomberg, AI company Anthropic announced a partnership with global hedge fund giant Millennium Management to jointly develop an AI-powered risk analysis tool and expand the application of Anthropic Claude models within the fund. According to statements from both parties, Anthropic engineers will collaborate with Millennium's technology and risk management teams to build a digital AI risk analysis tool that will assist human risk managers in making investment decisions, extract new risk insights across asset classes, help the team enhance risk identification capabilities, and provide support for portfolio management through automated analysis of complex market data.