Does private equity firm High-Flyer want to use AI to speculate in stocks?
High-Flyer, a private quantitative fund, issued an announcement to set up a new independent research organization to explore the nature of AGI. High-Flyer said that for many years, the company has insisted on investing most of its revenue in the field of artificial intelligence, building leading AI hardware infrastructure, conducting large-scale research, and exploring the mysteries unknown to mankind.
Many people think that High-Flyer is going to use AI to speculate in stocks, and Lu Zhengzhe, CEO of High-Flyer Quant, said that exploring AGI is not used to speculate in stocks, but to do GPT-related large models and finance, and said that the project is independent of the investment team, which is equivalent to a second venture.
As a quantitative investment hedge fund company founded in 2015 and rapidly expanding, High-Flyer Quant has assets under management of more than 60 billion yuan. Quantitative rapid development around 2015, in 2020, the cumulative investment of High-Flyer exceeded 100 million, covering an area equivalent to a basketball court's AI supercomputer Firefly One, which has a computing power equivalent to 40,000 personal computers. In 2021, High-Flyer invested another 1 billion yuan to build Firefly 2.
On April 14 this year, High-Flyer Quant also posted an article on the official account of the social platform to recruit talents in artificial intelligence. The emergence of GPT has set off an investment boom in the field of AI, AI talents are undoubtedly one of the core elements of scientific and technological innovation, and quantitative relies on mathematics and artificial intelligence large models for investment, driven by AI technology. It is no wonder that the market speculates that High-Flyer will use AI to speculate on stocks.
According to the introduction of High-Flyer's Square, the specific business of AI includes three aspects: in-depth learning training using Firefly, investment with A, and AI basic scientific research. In the eyes of the industry, the positioning of High-Flyer Quant is very clear, taking the road of weak asset management and strong technology, and strengthening the attributes of AI driven by technology. Whether or not AI can speculate in stocks, there is no doubt about how popular the concept of AI is in the stock market.
Many private placements have boosted the AI investment boom, with companies that have deployed key targets for AI studies, and global technology companies have also followed up with investment in AI products. Capital market sentiment is heating up, and artificial intelligence is ushering in a new breakthrough point. What do you think of the influence of the securities market?
