DeepSeek spurred a Chinese asset manager AI arms race that could shake up China's $10T fund management industry, as firms expand AI research and adopt DeepSeek Reuters 2025-03-14 China, Chinese Related Coverage Bank of China sets up $7b fund to invest in technology startups Reuters In light of these developments, I would like to emphasize that, irrespective of whether you are a quantitative hedge fund or a mutual fund … Chris Zhang