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.

Liang Wenfeng’s quantitative hedge fund firm apologized profusely to investors for losing money during a tumultuous period for China’s stock market.Most Read from BloombergTexas HOA Charged With Discr

Liang Wenfeng has gone from boyish, bespectacled math whiz to global tech figure overnight thanks to DeepSeek’s explosive impact on the artificial intelligence industry. The millennial math nerd – who reportedly wore a sweater vest,

Liang Wenfeng is the founder of DeepSeek, the Chinese AI startup potentially upending the industry. Here's everything to know about the hedge funder.

DeepSeek, a Chinese AI lab, has Silicon Valley reeling with its R1 reasoning model, which it claims uses far less computing power than those of American