AI Adoption Required for China’s Quant Funds to Survive
China’s quantitative hedge funds are under pressure to adopt artificial intelligence (AI) technology or risk becoming obsolete, according to Baiont CEO Feng Ji. In a statement, Ji warned that firms that don’t use AI will be “eliminated” in three years. This warning comes after the success of DeepSeek, an AI-powered trading platform used by Baiont … Read more