PeopleofSuperintelligence

Builder

Richard Craib

Richard Craib builds AI for finance through Numerai, a crowdsourced hedge fund that turns machine-learning predictions into stock trades. Before founding Numerai, he studied pure mathematics at Cornell and worked as a data scientist at an asset-management firm. He introduced Numeraire staking and Signals to reward models and let contributors send predictions from their own datasets. In 2025, Numerai secured expanded investment capacity and funding to grow its AI teams. As of October 2026, he is Numerai's founder and CEO; both tournaments use Unity data, with their planned merger set for January 2027.

Now at
Numerai
Badges

Timeline

  1. Before 2015

    Mathematics and quant finance

    He studies pure mathematics at Cornell. Before 2015, he works as a data scientist at an asset-management firm with $15 billion under management, where he helps build machine-learning algorithms for its investment fund.

  2. 2015

    Launching Numerai's model tournament

    In 2015, he launches Numerai as a crowdsourced hedge fund where machine-learning specialists build predictive algorithms using encrypted financial data. The fund combines submitted algorithms in its own investment model.

  3. 2017

    Numeraire for model staking

    In 2017, Numerai issues Numeraire, distributing one million tokens to 12,000 data scientists. The token lets them stake on machine-learning predictions: successful models return their stake and earn bitcoin on live trades, while Numerai destroys stakes after failed predictions.

  4. October 2020

    Numerai Signals opens data

    In October 2020, Numerai launches Signals for original stock-market predictions built from any dataset. Contributors who stake NMR can qualify for payouts.

  5. May 2022

    A stake-weighted meta-model

    In May 2022, he describes a system where data scientists around the world submit stock predictions to Numerai. The fund takes a stake-weighted average of those predictions and uses a portfolio optimizer to make trades.

  6. August 2025

    JPMorgan capacity for Numerai

    In August 2025, Numerai secures $500 million in capacity from JPMorgan Asset Management. It scales its team with an AI researcher formerly at Meta and a trading engineer formerly at Voleon.

  7. November 2025

    A $30 million Series C

    In November 2025, Numerai raises $30 million in a Series C at a $500 million valuation, led by university endowments. The company expands its AI engineering and research teams to support growth.

  8. As of October 2026

    Founder and CEO at Numerai

    As of October 2026, he is Numerai's founder and CEO. In October 2026, he announces Unity, a 1,040-feature dataset with real stock identifiers for Numerai and Signals. Numerai is building research pipelines in which agents source features, generate predictions, stake and learn from market feedback. Both tournaments use Unity data and remain separate until their planned merger on January 1, 2027.

Career

  1. Since 2015NumeraiFounder and CEO, CEO

Education

  1. Cornell UniversityPure Mathematics student

From the biography.

Videos

YouTube videos in which Richard Craib speaks or appears, newest first. A model chose them from YouTube search results. List updated 20 October 2026.

  1. Richard Craib: WallStreetBets, Numerai, and the Future of Stock Trading | Lex Fridman Podcast #159Lex Fridman · 7 February 2021 · 1 h 50 min

Video data from YouTube API Services. By watching you agree to the YouTube Terms of Service. How we use YouTube data.

  1. 11% of AI doctorate holders from 2010 to 2016 founded or led a company or lab by 10 years after graduationIncludes Cornell University. We estimate how often AI doctorate holders founded or led a company or lab by 10 years after graduation, how waiting times compare between founders and top jobs, and which universities trained the most.
  2. The Massachusetts Institute of Technology trained or employed 44 of the 187 AI major-prize winners, more than any other universityIncludes Cornell University. The Massachusetts Institute of Technology trained or employed 44 of the 187 AI major-prize winners, more than any other university. We compare doctorate and 5+ year employment links, career timing and current workplaces for 187 major-prize and 1,111 best-paper winners.
  3. 84% of people shaping AI with recorded undergraduate and doctoral schools changed institutions for their doctorateIncludes Cornell University. 84% of people shaping AI with recorded undergraduate and doctoral schools changed institutions for their doctorate. Across 2,116 people with both an undergraduate degree and a doctorate recorded, we trace which undergraduate schools feed which doctoral programs, how often students stay at the same school, and how paths differ by birth-country region.
  4. The median h-index is 48 at universities and 14 at frontier AI labsIncludes Cornell University. The median h-index is 48 at universities and 14 at frontier AI labs. We compare publishing careers, recent citations, dual appointments and job moves across 2,420 university researchers and 308 frontier-lab researchers.

Sources and credits

Photo: We have no published photo of Richard Craib yet. Send us a free-licensed photo.

  1. Staking, Signals, and Other Techniques for Intelligence Coordination | Richard Craib, NumerAI - Foresight Institute events.foresight.org. Checked 21 October 2026.
  2. 7,500 Faceless Coders Paid in Bitcoin Built a Hedge Fund's Brain | WIRED wired.com. Checked 21 October 2026.
  3. Numerai is a crowdsourced hedge fund for machine learning experts | TechCrunch techcrunch.com. Checked 21 October 2026.
  4. An AI Hedge Fund Created a New Currency to Make Wall Street Work Like Open Source | WIRED wired.com. Checked 21 October 2026.
  5. Numerai Hedge Fund Offers $50M in NMR Tokens for Fresh Stock Market 'Signals' | CoinDesk coindesk.com. Checked 21 October 2026.
  6. Can Collective Intelligence Beat the Market? (with Numerai’s Richard Craib) | Harvard Business Review hbr.org. Checked 21 October 2026.
  7. JPMorgan Secures $500m Capacity in Numerai Following Breakthrough Year | Numerai blog.numer.ai. Checked 21 October 2026.
  8. Numerai Raises $30M Series C At $500M Valuation | Numerai blog.numer.ai. Checked 21 October 2026.
  9. NumerCon 2026: Genesis to Singularity | Numerai blog.numer.ai. Checked 21 October 2026.
  10. Unifying Numerai and Signals | Numerai blog.numer.ai. Checked 21 October 2026.