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Source:  CNBC

Billionaire Ray Dalio thinks that “ocean exploration is much more exciting and much more important than space exploration” — and his latest project aims to convince the rest of the world of that too.

Dalio, who runs the world’s largest hedge fund (Bridgewater Associates manages over $160 billion), is teaming with “Titanic” director and deep-sea documentarian James Cameron on a new project, called OceanX. Ocean X will fund new research and exploration of the oceans along with media, such as documentary films and virtual reality content.

OceanX “will enable explorers and researchers to explore the unseen ocean, map uncharted areas of the world, observe rare deep-sea creatures and pursue scientific and medical breakthroughs — and then bring all of these wonders back to the wider world through captivating media,” the Dalio announced in a press release on Wednesday.

Read the story at CNBC. 

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