Billionaire Gerko’s XTX Markets Pours Millions Into AI for Math

Billionaire Alex Gerko’s quantitative-trading firm XTX Markets has donated $9.2 million to a new fund that aims to accelerate the use of artificial intelligence by mathematicians.

The ultimate goal of the AI for Math Fund is to build a digital assistant, or copilot, to help math specialists, just as these tools have aided coders, said Tom Kalil, CEO of Washington D.C.-based Renaissance Philanthropy, which is partnering with XTX to launch the fund.

That could ultimately help researchers — or the AI itself — make cutting-edge mathematical discoveries, he said in an interview on Wednesday.

While AI has made significant ...