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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
Liang Wenfeng is the founder of DeepSeek, the Chinese AI startup potentially upending the industry. Here's everything to know about the hedge funder.
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 ...
7h
on MSN
How Warren Buffett Won a $1 Million Bet Against the Hedge Fund Industry: What it Means For Investors
Fact checked by Stella Osoba In 2007, Warren Buffett made a bold statement about the investment management industry that ...
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 ...
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.
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
Chinese AI
Scott Bessent
Liang Wenfeng
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