Investing Updates : Tiger Brokers adopts DeepSeek model as Chinese brokerages, funds rush to embrace AI

Source:

https://finance.yahoo.com/news/tiger-brokers-adopts-deepseek-model-070602587.html

Apple Intelligence:

• DeepSeek Integration: Tiger Brokers integrated DeepSeek’s model into its AI-powered chatbot, TigerGPT.

• DeepSeek Adoption: At least 20 Chinese brokers and fund managers have started integrating DeepSeek models into their businesses.

• DeepSeek’s Impact: DeepSeek’s integration with Tiger Brokers will enable customers to analyze valuations, make trading decisions, and gain insights into investments.

• AI Adoption Impact: Rapid AI adoption is expected to boost financial IT spending by 24% in five years, benefiting vendors like Hundsun, Northking, and iSoftStone.

• DeepSeek R1 Influence: The launch of DeepSeek R1 is anticipated to accelerate GenAI adoption in the financial industry in 2025, particularly in data-heavy and labor-intensive areas.

• TigerGPT Enhancement: TigerGPT’s investment assistant has been upgraded with DeepSeek integration, enhancing logical reasoning and market analysis capabilities.

• AI Application in Finance: AI helps financial companies utilize vast amounts of data for better management, marketing, and investing.

• DeepSeek Model Adoption: Financial institutions are actively discussing the adoption of DeepSeek’s models for internal use.

• Data Utilization: AI enables financial companies to make better use of previously unused data.