[AI]■ STORY TIMELINE
CITADEL SECURITIES REAPS AI GAINS AS COSTS CLIMB
Citadel Securities is generating strong returns from artificial intelligence investments while rising GPU and infrastructure expenses create competitive barriers for smaller rivals, according to company president Jim Esposito.
Bloomberg Tech+0m
Citadel Securities is seeing strong returns from ramping up investment in AI as the soaring cost of GPUs and infrastruct…