Jon Epstein

So the way it arrives and searches for, if you would, the optimal solutions or designs

to a problem is through a stage of, you know, a set of evolutions, like essentially breeding different designs together, you know, and then mutations.

So we run a hedge fund using this.

One of Cineon's products through a subsidiary called Cineon Investment Management is a hedge fund that is, we think, the first fully AI-traded hedge fund.

That I can't disclose.

Oh, it's private, okay.

It's growing rapidly.

So the goal of a hedge fund is not to deliver outsized returns, it's to deliver consistent returns around in the 10% range.

No one objects to higher, of course.

But the real reason big investors invest in hedge funds is to achieve stable, good returns, and ideally returns that are not correlated with other investments they have.

And so one of the...

unique things about sending an investment management is that our fund is highly uncorrelated with other funds, whether they're traded by machines or by- You said it's growing fast though.

Assets under management, right?

So the things that make funds, make money for the fund runners, there's two things.

One is the return and the other is the amount of money that's out there.

Order of magnitude or higher growth in assets under management.

That's as much as you'll get out of me here.

Okay.

And that's not my particular guess.

I need to be a little circumlocutory about that.