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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
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.
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
Liang Wenfeng is the founder of DeepSeek, the Chinese AI startup potentially upending the industry. Here's everything to know about the hedge funder.
Chinese startup Deepseek has shaken up the AI world. What we know
DeepSeek, a Hangzhou-based startup founded in 2023, shot to the top of Apple’s App Store free app chart after releasing a new open-source AI model it says rivals OpenAI's work. Its website was hit by outages amid a spike in interest.
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.
DeepSeek’s Rise: How a Chinese Start-Up Went From Stock Trader to A.I. Star
The little-known artificial intelligence firm has emphasized research, even as it emerged as the brainchild of a hedge fund.
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 ...
1d
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 ...
1d
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.
2d
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 ...
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 ...
1d
on MSN
How Warren Buffett Won a $1 Million Bet Against the Hedge Fund Industry: What it Means For Investors
Warren Buffet once bet $1 million that a simple S&P 500 index fund would outperform a basket of hedge funds—and he was right!
2d
on MSN
Senate slated to vote on South Carolina billionaire hedge fund executive to lead US Treasury
Trump's Treasury secretary pick, Scott Bessent, says extending the 2017 Tax Cuts and Jobs Act is the 'single most important ...
Pensions&Investments
1d
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 ...
23h
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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