If they're a hedge fund they're probably trying to tank the US AI stocks so they can buy the dip and then in a few days/weeks it is back to business as usual.
I don't personally buy their story, and after having used Deepseek it kind of sucks and hallucinates a lot if I'm being objectively honest.
I mean a few million for this is okay - that's cool.. but it is useless. I can understand billions of dollars into something that actually works >50% of the time.
I don't personally buy their story, and after having used Deepseek it kind of sucks and hallucinates a lot if I'm being objectively honest.
I mean a few million for this is okay - that's cool.. but it is useless. I can understand billions of dollars into something that actually works >50% of the time.