Hedge Funds

Jim Simons picks up $13 million tab for the 'Big Bang'


Billionaire Renaissance Technologies founder Jim Simons donated $13 million to Long Island's Brookhaven National Laboratory, shoring up financial support for a project coming up short on federal funding. With Simon's funding, physicists at the lab's "Relativistic Heavy Ion Collider Project" are hoping to simulate subatomic blasts that will offer a glimpse of what the universe looked liked in the nanoseconds after the Big Bang. Physicists aim to do this by using the collider to create an analog equivalent of a black hole at the Long Island lab, just miles from the Renaissance campus.