Chinese asset managers are engaging in an AI arms race following High-Flyer’s use of DeepSeek in trading markets, potentially disrupting the $10 trillion fund management industry. The competition is driving firms to expand AI research and adopt DeepSeek technology, leading to significant changes in the way investments are managed in China. This shift towards AI-driven strategies marks a pivotal moment for Chinese asset managers as they strive to remain competitive in the evolving market landscape.
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ChatGPT is bringing back 4o as an option because people missed it
OpenAI has reinstated GPT-4o in ChatGPT just a day after the rollout of GPT-5, allowing Plus users to choose their preferred model amid user dissatisfaction with the new version's perceived drop in quality and personality. CEO Sam Altman acknowledged the feedback, indicating that the company will monitor usage as it considers the future of legacy models. Want More Context? 🔎
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