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- by finance.yahoo.com
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Tiger Brokers adopts DeepSeek model as Chinese brokerages, funds rush to embrace AI
Tiger Brokers said on Tuesday it embedded DeepSeek's model into its AI-powered chatbot, as brokerages and money managers race to capitalise on the Chinese start-up's artificial intelligence breakthrough, and develop use cases for the financial industry. The integration of the DeepSeek-R1 model into TigerGPT follows DeepSeek's meteoric rise which stunned Silicon Valley and triggered a rally in Chinese tech shares on bets of an AI revolution sweeping across sectors from education to finance. At least 20 Chinese brokers and fund managers, including Sinolink Securities, CICC Wealth Management and China Universal Asset Management, have already started to integrate DeepSeek models into their businesses, potentially changing the way they conduct research, manage risks, make investment decisions and interact with clients.