Samuel Shen and Vidya Ranganathan
Shanghai/Singapore (Reuters) – The Chinese Hedge High Flyer Fund The use of artificial intelligence in commercial markets has encouraged AI weapon racing among continental assets managers that could shake up a 10 trillion of dollar funds.
Not only did the Quantum Fund of the High Fluer deploy AI in his portfolio with several billion dollars, but he also built the most prominent Chinese AI start-up deepsek, whose economic model of a large language was startled by Silicon Valley and undermined the Western dominance of the AI sector.
In their awake, ambitious Chinese managers of Hedge Funds such as Baiont Quan, Wizard Quant and Mingshi Investment Management intensifies AI research, while dozens of mutual funding funds are rushing to involve Deepseek in their investment course.
“We are in the eyes of the storm” AI Revolution, said Feng Ji, the executive director of Baiont Quanta, who uses machine learning for protective markets without human intervention.
“Two years ago, many fund managers would look at us AI-Poland with derision or disbelief,” Feng said. “Today, these skeptics could be out of work if they don’t accept Ai.”
Most of these funds use AI to process market data and generate trade signals based on the risk profile of their investors, not the production of models similar to deep.
And as the increasing versions of US systematic trading companies, such as Renaissance Technologies and Deshaw, are born, funds managers are expecting competition for “alpha” or surpassed or surpassed.
Wizard Quant advertised last month to hire top -notch AI researchers and engineers for a lab that will “transform the future of science and technology”.
The demand for talent coding is heated. Mingshi said his laboratory Genesis AI employs computer scientists who support research and investment.
In a recent Roadshow, the property manager killed Quanta told investors that he had founded a laboratory for several years to investigate the use of AI in investment and elsewhere.
A race for the generation of better trading strategies using AI requires enormous computer power and high performance chips, and local authorities said they were ready to help.
For example, the Government of the Southern City of Shenzhen promised to raise 4.5 billion Juan ($ 620.75 million) to subsidize the consumption of computers power of Hedge funds, in favor of their development of AI.
Deepseek Scramble
The Chinese industry of mutual funds is also struggling to accept AI.
More than the results of retail funds, including the Chinese merchants fund, E Fund and Dacheng Fund, ended the local deployment of Deepseek.
