TECH - Hedge Fund Titan Peter Brown Built A Large Language Model 35 Years Ago: Read What It Wrote | Benzinga
In a recent episode of "Goldman Sachs Exchanges: Great Investors,” Raj Mahajan, who is the firm's global head of Systematic Client Franchise, Global Banking and Markets, had a conversation with Peter Brown, CEO of the legendary quantitative trading firm Renaissance Technologies.
The trading firm, co-founded by Jim Simons, manages about $160 billion in assets.
Before getting into the world of finance, Brown was in the world of language technology. Prior to joining Renaissance Technologies in 1993, he worked at IBM (NYSE: IBM) as a language technology expert, a journey that began with an innate curiosity about speech recognition in high school.
Discussing his early career, Brown recalled a high school fascination with the 4a transformer, wondering if it could be used to recognize speech. "You just take the speech data, transform it into the frequency domain, match it up against patterns for words, and presto magic," he explained.
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Brown’s fascination was reignited in college after a linguistics course and a ...