Meet the hedge fund manager who founded DeepSeek, the Chinese AI startup that began as a hobby and is now laying waste to US stocks
After graduating from Zhejiang University, he cofounded the quantitative hedge fund High-Flyer in 2015 and incorporated AI in its t
What Is DeepSeek? What to Know About the Chinese AI Startup That Spurred a Stock Selloff
Key Takeaways U.S. AI stocks sold off Monday, after an app from Chinese AI startup DeepSeek dethroned OpenAI's as the most-downloaded free app in the U.S. on Apple.DeepSeek claims its latest model’s performance is on par with that of American AI leaders like OpenAI,
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.
Chinese AI startup DeepSeek is rattling markets. Here's what to know
A Chinese artificial intelligence startup is rattling Silicon Valley and Wall Street after it demonstrated AI models on par with OpenAI’s — for a fraction of the cost and energy.
US stocks plummet as investors weigh Chinese AI advancement called DeepSeek
Investors dumped technology stocks in premarket trading Monday, sending U.S. indexes sharply lower after Chinese artificial intelligence startup DeepSeek demonstrated a chatbot that it says rivals the top versions from OpenAI and Google for a fraction of the cost.
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 ...
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 ...
Hedge Funds Were Pausing US AI Bets as DeepSeek Emerged, Says Goldman
Last week, hedge funds fled their bets on tech stocks, a Goldman Sachs note from Friday and seen by Reuters Monday showed.
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Hedge fund assets hit record as Trump takes office
Global hedge fund assets hit a record $4.51 trillion in early 2025, marking a fifth consecutive quarterly high as strong ...
Book Review: Hunted by the FBI and Russian Oligarch, a hedge fund manager flees into the wilderness
When hedge fund manager Paul Brightman fell in love with a beautiful photographer named Tatanya, he had no idea that her ...
Hedge fund industry reaches $4.5 trillion in 2024
The hedge fund industry ended 2024 with $4.51 trillion in assets under management, a 9.75% increase from the previous year, ...
Hedge Fund Polar Asset Hires TD’s Cope to Lead Fixed Income
Polar Asset Management Partners, one of Canada’s largest hedge funds, is hiring Toronto-Dominion Bank’s head of global fixed ...
Why Hedge Funds Are Bullish on Amazon.com, Inc. (AMZN)
We recently compiled a list of the 10 Best Cloud Stocks To Buy According to Hedge Funds. In this article, we are going to ...
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Hedge fund investors have lost over half their gains to fees, finds study
Research raises fresh questions as data show a larger chunk of gross profits eaten up than the previous historical average.
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 ...
How Do Real Estate Hedge Funds Work?
Understand what a hedge fund is, how it differs from a mutual fund, and the function of real estate hedge funds.
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Fund managers plan to allocate more to hedge funds, BofA survey reveals
And it seems that 2025 will build on the upward trajectory with the latest research from Bank of America indicating that half ...