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 new AI model was emerging to challenge U.S. dominance in the sector, a Goldman Sachs note said.
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 profitable Monday as the market suffered from the turmoil from the launch of the DeepSeek Chinese AI chatbot.
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.
Meet the hedge fund manager who founded DeepSeek, the Chinese AI startup that began as a hobby and is now laying waste to U.S. stocks
After graduating from Zhejiang University, he cofounded the quantitative hedge fund High-Flyer in 2015 and incorporated AI in its t
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
Meet Liang Wenfeng, the hedge fund manager behind Chinese AI startup DeepSeek
If you follow AI news, you've probably heard of DeepSeek.The Chinese AI startup made a big splash with its flagship model R1, which it says rivals OpenAI's o1 at a fraction of the cost.Who's leading the AI company that has Silicon Valley on edge?
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 ...
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 programmes ...
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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 ...
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.
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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AI, hedge fund returns, political uncertainty top of mind at Global Alts conference
Michael Wilson, chief U.S. equity strategist and chief investment officer at Morgan Stanley, told a panel that the recent ...
New York City is still the center of the hedge fund universe. Here are the numbers.
Many of the biggest multistrategy hedge funds are headquartered outside the Big Apple, but New York is where they have the ...
Why Are Hedge Funds Bullish on Amazon.com (AMZN)?
We recently compiled a list of the 12 Safest Stocks to Buy According to Hedge Funds. In this article, we are going to take a ...