India, Feb. 7 -- Liang Wenfeng was not a well-known face, at least outside China, until January 2025. He laid the foundation for one of China's largest hedge funds in 2015 by leveraging data analytics for trading, instead of human intervention.
By 2021, the fund managed a portfolio of over $13.8 Bn. However, in 2022, when the US brought in the CHIPS Act - effectively restricting the export of high-performance computing power to China - Wenfeng decided to make a strategic pivot. In 2023, his fund shifted its focus beyond the investment industry to concentrate its resources on artificial general intelligence (AGI).
A month later, DeepSeek was born. The company has now taken the tech world by storm, with its latest generative AI (GenAI) re...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.