Reported about 10 hours ago
The success of High-Flyer's use of AI in trading has ignited a surge of interest among Chinese fund managers in utilizing artificial intelligence, creating a competitive landscape in the $10 trillion fund management industry. With the introduction of the AI startup DeepSeek, many hedge funds and mutual funds are integrating AI technologies into their investment strategies to improve performance, leading to a race for superior trading strategies and talent recruitment in the sector.
Source: YAHOO