Let's say we have an agent in an unknown environment and this agent can obtain some rewards by interacting with the environment.
The agent is tasked to take actions so as to maximize cumulative rewards. In reality, the scenario could be a bot playing a game to achieve high scores, or a robot trying to complete physical tasks with physical items; and not just limited to these.
Like humans, RL agents learn for themselves to achieve successful strategies that lead to the greatest long-term rewards.
This kind of learning by trial-and-error, based on rewards or punishments, is known as reinforcement learning (RL).
TensorTrade is an open-source Python framework for building, training, evaluating, and deploying robust trading algorithms using reinforcement learning.
Let's say we have an agent in an unknown environment and this agent can obtain some rewards by interacting with the environment.
The agent is tasked to take actions so as to maximize cumulative rewards. In reality, the scenario could be a bot playing a game to achieve high scores, or a robot trying to complete physical tasks with physical items; and not just limited to these.
Like humans, RL agents learn for themselves to achieve successful strategies that lead to the greatest long-term rewards.
This kind of learning by trial-and-error, based on rewards or punishments, is known as reinforcement learning (RL).
TensorTrade is an open-source Python framework for building, training, evaluating, and deploying robust trading algorithms using reinforcement learning.
Telegram hopes to raise $1bn with a convertible bond private placement
The super secure UAE-based Telegram messenger service, developed by Russian-born software icon Pavel Durov, is looking to raise $1bn through a bond placement to a limited number of investors from Russia, Europe, Asia and the Middle East, the Kommersant daily reported citing unnamed sources on February 18, 2021.The issue reportedly comprises exchange bonds that could be converted into equity in the messaging service that is currently 100% owned by Durov and his brother Nikolai.Kommersant reports that the price of the conversion would be at a 10% discount to a potential IPO should it happen within five years.The minimum bond placement is said to be set at $50mn, but could be lowered to $10mn. Five-year bonds could carry an annual coupon of 7-8%.
Mr. Durov launched Telegram in late 2013 with his brother, Nikolai, just months before he was pushed out of VK, the Russian social-media platform he founded. Mr. Durov pitched his new app—funded with the proceeds from the VK sale—less as a business than as a way for people to send messages while avoiding government surveillance and censorship.
