Reported 1 day ago
High-Flyer, a quantitative hedge fund based in China, has shifted its focus to developing artificial general intelligence (AGI) after building a 100 billion yuan ($13.79 billion) portfolio through AI-driven investments. The fund's independent research group, DeepSeek, has gained recognition for its innovative AI models, attracting attention from competitors in Silicon Valley. While High-Flyer has heavily invested in AI technologies and computing resources, the specifics of DeepSeek's advancements towards AGI remain unclear amidst speculation about its computing power.
Source: YAHOO