a day ago
- Business
- South China Morning Post
Meet Goku, the Chinese quant trading fund with AI ambitions beyond finance
Goku Technologies, a Shanghai-based quantitative trading fund, is expanding its ambitions beyond finance, looking to
artificial intelligence (AI) as a means to overcome challenges faced by humanity, according to CEO Wang Xiao.
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In an interview with the Post, Wang said the firm's AI initiatives were driven by a vision that transcended short-term commercial interests. 'What I believe is [AI exists] to solve issues for humanity – this is the only thing that matters,' he said.
Last month, Goku launched Shanghai AllMind Artificial Intelligence Technology, an AI-focused subsidiary, in a move that draws parallels with Chinese hedge fund High-Flyer Quant, which
established DeepSeek in 2023
Wang, however, played down the comparison, pointing out that Goku was pursuing a different path with AllMind.
Instead of competing directly with major tech companies like Alibaba Group Holding or start-ups like DeepSeek, which develop AI models from scratch, AllMind was envisioned as a catalyst for AI-assisted scientific discovery, according to Wang. Alibaba owns the South China Morning Post.
Shanghai-based Goku Technologies has drawn comparisons with High-Flyer Quant, owner of leading Chinese AI start-up DeepSeek. Photo: Screenshot
Goku gained attention last month with the release of
a research paper introducing a new AI training technique that combines supervised fine-tuning and reinforcement learning – key methods used by industry leaders like OpenAI and DeepSeek.
