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Inside Hudson River Trading's Blistering Token Burn | Odd Lots
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June 5, 2026
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33:41Now PlayingToday's episode, which was recorded at our recent live show at New York's City Winery, follows up on a conversation we had with Iain Dunning, head of AI at Hudson River Trading, last year, in which we talked about how his firm uses AI. Now, some seven months later, we follow up on how one of the biggest market makers around is deploying this technology. We talk about the price of memory, bottlenecks in compute, how much HRT employees are actually spending on tokens, why the firm might develop its own chips, as well as AI-induced delirium.
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