Millennium Management, one of the largest multi-strategy hedge funds in the world, is building out an AI laboratory designed to sharpen its technology development and deployment across the firm.

The talent pipeline tells the story

Millennium brought on Gideon Mann as Global Head of AI, Technology back in 2023. Mann previously led machine learning product and research at Bloomberg.

Then in April 2025, Millennium hired Vaibhava Goel as Head of Machine Learning Research. Goel came from IBM, where he worked as a Watson AI researcher. He reports directly to Mann.

The firm also maintains an AI advisory group specifically focused on incubating generative AI applications.