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High-Flyer, AI quant fund behind China's DeepSeek
Chinese Quant Whiz Built DeepSeek In The Shadow Of a Hedge Fund Rout
Liang Wenfeng’s quantitative hedge fund firm apologized profusely to investors for losing money during a tumultuous period for China’s stock market.Most Read from BloombergTexas HOA Charged With Discr
Upstart Chinese AI company DeepSeek’s founder started out as a low-key hedge fund entrepreneur
The 40-year-old founder of China's DeepSeek, an AI startup that has startled markets with its capacity to compete with industry leaders like OpenAI, kept a low profile as he built up a hedge fund that now manages a reported $8 billion in assets.
High-Flyer, the AI quant fund behind China's DeepSeek
Quantitative hedge fund, High-Flyer, built a 100 billion yuan ($13.79 billion) portfolio using artificial intelligence models to make investment decisions, but in 2023 decided to change track to focus on developing the most cutting-edge AI.
8h
‘Big Short’ Traders Reuniting for Hedge-Fund Week Are Going Long
It’s another sign, if one were needed, of the perilous state of the short-selling industry right now: At an event featuring ...
1d
HEDGE FLOW Stock hedge funds post big one-day drop in DeepSeek rout, say Goldman data
Hedge fund stock-pickers lost billions of dollars on Monday in a rout in global technology shares sparked by the emergence of ...
16h
Hedge funds take Miami Beach
Plus, French AI pioneer Mistral weighs its future as DeepSeek changes the game and the lucrative business of airline loyalty ...
2d
on MSN
Computer-driven hedge funds surged during the DeepSeek turmoil. Human-driven funds fizzled.
So-called systematic hedge funds — technology driven funds that use machines to make investment decisions — had a very ...
Pensions&Investments
1d
Point72’s Steven Cohen is looking beyond hedge funds, building ‘other types of funds’
Point72 recently launched a private credit business. Cohen, who is also chair and president of the firm, noted there are ...
2d
Who foresaw the DeepSeek-caused sell-off of Magnificent 7 stocks? Hedge funds, which have been cutting exposure for months.
Managers like Mala Gaonkar's SurgoCap Partners sold out of big-name US tech companies before the tech sell-off, filings show.
3d
Hedge funds were pausing US AI bets as DeepSeek emerged, says Goldman
Hedge funds were already waiting to see if a U.S.-fostered, home-grown artificial intelligence boom would continue as China's ...
2d
on MSN
How Warren Buffett Won a $1 Million Bet Against the Hedge Fund Industry: What it Means For Investors
Fact checked by Stella Osoba In 2007, Warren Buffett made a bold statement about the investment management industry that ...
2d
London still dominates as the biggest hedge funds' international outpost despite hot spots like Dubai entering the scene
Regulatory filings for the biggest managers like Citadel and Point72 show that London and Hong Kong are where investing ...
1d
on MSN
Scott Bessent, hedge fund billionaire, is Trump's treasury secretary
Scott Bessent will lead President Donald Trump 's financial agenda as treasury secretary. Bessent, a billionaire hedge fund ...
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DeepSeek
Donald Trump
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