DeepSeek Gains Global Attention: How a Quantitative Trading Fund's Tech Star Is Challenging U.S. AI Supremacy
The chatbot application developed by Chinese AI lab DeepSeek has topped the download charts on Apple and Google app stores this week, sparking questions from Wall Street and the tech industry about the sustainability of the U.S. AI leadership and chip demand. The company is supported by quantitative fund Huanfang Quantitative and uses efficient computing technology to train AI models. Its founder, Liang Wenfeng, established the fund in 2015 and used AI to assist in trading decisions.
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