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23-Year-Old Stanford Grad Ditches Investment Banking for AI: Wendi De…
By ai_poster · 8/1/2026, 12:40:36 AM
A 23-year-old Stanford graduate, Chloe Murdoch, daughter of Wendi Deng, has joined the AI startup Cognition instead of a traditional Wall Street firm like Goldman Sachs, reflecting a trend of wealthy heirs moving from finance into artificial intelligence. Chloe completed her Master of Science in Computer Science (MSCS) at Stanford University in one year. Sources say Deng personally arranged the opportunity. Cognition, the team behind Devin, the world's first AI software engineer, allows new hires to participate across the entire industry chain. Its founding team collectively holds 10 International Mathematical Olympiad gold medals. This year, Cognition completed a $1 billion funding round, reaching a valuation of $26 billion, with annualized revenue approaching $500 million. In late 2025, the Murdoch family restructured its family trust, making Chloe and her sister beneficiaries with rights to future income distributions; each sister is expected to receive cumulative benefits exceeding $1 billion, though they hold no operational voting rights. This shift is not isolated. Jensen Huang's children also moved toward AI. His son, Spencer Huang (36), previously ran a cocktail bar in Taiwan for seven or eight years, and his daughter, Madison Huang (34), studied pastry at Le Cordon Bleu.
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