Latest in Upstart Chinese AI company DeepSeek's founder started out as a low key hedge fund entrepreneur
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Who Is Liang Wenfeng, the Founder of the A.I. Start-Up DeepSeek?
The Chinese company DeepSeek seemed to have come out of nowhere this week when it upturned markets. Here’s what to know about Liang Wenfeng, the engineer who started it.The New York Times - 8h -
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 ...ABC News - 1d -
DeepSeek has rattled the AI industry. Here's a quick look at other Chinese AI models
The Chinese artificial intelligence firm DeepSeek has rattled markets with claims its latest AI model performs on a par with those of OpenAI, despite using less advanced, more energy efficient ...ABC News - 2d -
ASML CEO sees low-cost AI models like DeepSeek driving more demand — not less
Without addressing the specifics of DeepSeek's model, ASML CEO Christophe Fouquet told CNBC he sees no sign of a slowdown in demand for AI chips.CNBC - 1d -
U.S. military prohibited from using Chinese AI DeepSeek
U.S. Military service members have been warned not to use the Chinese artificial intelligence program DeepSeek over its potential security risks and ethical concerns. CBS News national security ...CBS News - 1d -
Chinese AI chatbot DeepSeek censors itself in realtime, users report
Depending on version downloaded, app approaches its answers with preamble of reasoning that it then erases. We tried out DeepSeek. It worked well, until we asked it about Tiananmen Square and ...The Guardian - 2d -
What will Washington do about Chinese startup DeepSeek and its AI chatbot?
As the TikTok ban hangs in the air, the US investigates the security implications of another mega-popular Chinese app. Who is behind DeepSeek and how did it achieve its AI ‘Sputnik moment’? ...The Guardian - 2d -
What is DeepSeek, the Chinese AI startup shaking up tech stocks and spooking investors?
Chinese tech startup DeepSeek released a model of its AI service that seemingly is on-par with U.S.-based competitors like ChatGPT, but required far-less computing power.NBC News - 2d -
Experts urge caution over use of Chinese AI DeepSeek
UK officials say they are monitoring any national security threat to data from the new AI . Experts have urged caution over rapidly embracing the Chinese artificial intelligence platform DeepSeek, ...The Guardian - 2d -
What to know about Chinese AI company DeepSeek
Chinese artificial intelligence company DeepSeek made major waves on Wall Street Monday. CBS News MoneyWatch correspondent Kelly O'Grady has more on what DeepSeek is and why it's making such an ...CBS News - 2d -
Why Silicon Valley is blown away by Chinese AI app DeepSeek
The Chinese artificial intelligence app DeepSeek became the most downloaded free app in the U.S. on Apple’s app store and its low cost claims are putting the pressure on major American tech companies.NBC News - 2d -
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 ...MarketWatch - 2d -
Why Chinese AI company DeepSeek's new tech is rattling investors
Tech stocks on Wall Street took a tumble on Monday after Chinese artificial intelligence startup DeepSeek released a free AI chatbot and their app climbed to the top of app stores. CBS News ...CBS News - 2d -
What is DeepSeek, and what does it mean for AI companies in US?
DeepSeek, a new virtual assistant from a small Chinese company with limited resources, fueled a massive stock selloff on Wall Street Monday and sent large U.S. companies reeling after it hit No. 1 ...NBC News - 2d -
Why Nvidia investors are spooked by Chinese AI upstart
Short sellers profit as US chipmaker loses nearly $600bn in market value on MondayFinancial Times - 2d -
Why Chinese AI company DeepSeek is spooking investors on U.S. tech
U.S. tech stocks, including Nvidia, Oracle and Broadcom, plummeted Monday after Chinese startup DeepSeek said it created an AI system that can compete against chatbots such as OpenAI's ChatGPT at ...Los Angeles Times - 3d -
DeepSeek rattles Wall Street. What the Chinese startup means for Nvidia, Meta and the rest of our AI stocks
We explore DeepSeek's wide-ranging implications for our investment portfolio.CNBC - 3d -
How the buzz around Chinese AI model DeepSeek sparked a massive Nasdaq sell-off
DeepSeek's emergence is shaking up investor confidence of the AI story that has been lifting the U.S. bull market in the past two years.CNBC - 3d -
Why Chinese AI app DeepSeek is sending the tech world into a panic
Tech stocks plunged Monday morning as fears mounted that Chinese artificial intelligence firm DeepSeek is gaining U.S. dominance in AI development. NBC News’ Brian Cheung reports on what DeepSeek ...NBC News - 3d -
Chinese AI DeepSeek jolts Silicon Valley, giving the AI race its 'Sputnik moment'
A small lab in China has shaken Silicon Valley.NBC News - 3d -
Chinese AI App DeepSeek Soars in Popularity, Startling Rivals
The company said Monday it was temporarily limiting new sign-ups due to “large-scale malicious attacks” on its services.Wired - 3d -
Chinese AI startup DeepSeek sends U.S. stocks tumbling
Chinese artificial intelligence company DeepSeek is sending shockwaves through Wall Street. CBS News MoneyWatch correspondent Kelly O'Grady has the details on that and the latest on TikTok.CBS News - 3d -
How Chinese A.I. Start-Up DeepSeek Is Competing With OpenAI and Google
The company built a cheaper, competitive chatbot with fewer high-end computer chips than U.S. behemoths like Google and OpenAI, showing the limits of chip export control.The New York Times - 3d -
How Chinese AI Startup DeepSeek Made a Model that Rivals OpenAI
When Chinese quant hedge fund founder Liang Wenfeng went into AI research, he took 10,000 Nvidia chips and assembled a team of young, ambitious talent. Two years later, DeepSeek exploded on the scene.Wired - 5d -
How small Chinese AI start-up DeepSeek shocked Silicon Valley
Hedge fund billionaire Liang Wenfeng builds model on tight budget despite US attempt to halt China’s high-tech ambitionsFinancial Times - 6d -
Why everyone in AI is freaking out about DeepSeek
DeepSeek has a free website and mobile app even for U.S. users with an R1-powered chatbot interface similar to OpenAI's ChatGPT.VentureBeat - 6d -
These hedge-fund legends beat their peers. But a simple model beat them.
The top 20 hedge funds of all time outperformed their rivals last year. But they still trailed a simple 60/40 model that is far less expensive.MarketWatch - Jan. 21 -
Hedge fund managers pocket nearly half of investment gains as fees
Industry has taken $1.8tn in charges since the 1960s, according to LCH researchFinancial Times - Jan. 20 -
UK watchdog scrutinises investment trusts’ battle with US hedge fund
FCA encourages Hargreaves Lansdown, Interactive Investor and AJ Bell to make shareholders aware of looming votesFinancial Times - Jan. 16 -
Cohere co-founder sees big AI opportunity in enterprise, happy to stay out of ChatGPT's way
Cohere on Thursday debuted its early access program for its AI agent platform called North, as it deepens its focus on the enterprise.CNBC - Jan. 9 -
Chinese robot vacuum cleaner company reveals model with an AI-powered arm
Chinese robot vacuum cleaner company Roborock says its new model has an artificial intelligence-powered folding arm for removing socks and other obstacles.CNBC - Jan. 5 -
Ken Griffin's flagship hedge fund at Citadel climbs 15.1% in 2024
The billionaire investor's handful of hedge funds all posted double-digit returns in 2024, led by its tactical trading strategy.CNBC - Jan. 2 -
Hedge funds Citadel and Millennium gain 15% in 2024
Ken Griffin and Izzy Englander’s funds likely to have outperformed wider hedge fund industryFinancial Times - Jan. 2