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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.
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?
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
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.
2h
on MSN
Ex-hedge fund manager Scott Bessent confirmed as Trump’s Treasury secretary
Hedge fund manager Scott Bessent — who has vowed to crack down on off-the-rails federal spending and help avert a “crushing ...
15h
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 ...
7h
Scott Bessent, gay billionaire hedge fund founder, confirmed as Trump's Treasury secretary
The Senate confirmed on Monday Scott Bessent, a gay billionaire hedge fund founder, as Treasury secretary in a vote 68-29. He ...
3d
HEDGE FLOW Half of investors want to spend more on hedge funds, says BofA survey
Half of the global investors surveyed by Bank of America's prime brokerage department plan to allocate more money to hedge ...
1d
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.
6d
Hedge funds bet big on Trump’s second term
U.S. stock-trading hedge funds kicked off the week with gross leverage levels in their highest range since 2010.
Pensions&Investments
3d
Hedge funds posted double-digit returns in 2024. Will investors allocate more?
PivotalPath’s composite index shows the hedge fund industry finishing 2024 up 10.7% for the year. The S&P 500 finished the ...
3d
on MSN
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 ...
10h
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 ...
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DeepSeek
Donald Trump
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