Altcoin News Official TheBitTimes.com

The large language model (LLM) DeepSeek is outperforming Grok, Claude Sonnet, and three other AI rivals in the “Alpha Arena,” a cryptocurrency trading competition that gives each model $10,000 to invest.  The competition’s creators, AI research lab Nof1 and its founder Jay Azhang, believes that “financial markets are the best training environment for the next era of AI.” Read more: These AI chatbots are happy to help you run a crypto scam Each model was given the same prompts to work with and they began trading using Hyperliquid on October 17. Within just three days, DeepSeek had brought its original investment up to $14,200, with its current profit and loss (PNL) standing at $2,780.  Its long 15X leverage ether (ETH) trade is currently the most profitable with an $889 PNL. A similar 15X trade with solana (SOL) has a $736 PNL, while its bitcoin (BTC) sits at $432. DeepSeek is also trading DOGE and Binance coin (BNB), but is only losing mone...

Chinese AI upstart DeepSeek has reportedly limited registrations from users with a mainland China phone number after it fell victim to a “large-scale malicious attack” on Monday. In a statement, the company says it has taken steps to “ensure continued service” but has reassured existing users that they can log in as usual. It’s currently unclear who is behind the attack or what form it took. The update from DeepSeek. Read more: AI agent market cap down almost 50% across January DeepSeek was founded by Liang Wenfeng and is owned by the hedge fund High-Flyer. It creates large language models (LLMs) that work similarly to OpenAI’s ChatGPT.  Its latest model, DeepSeek R1, was released last week and seemingly has tech markets spooked. The program is reportedly cheaper than ChatGPT , is open-source, and uses the underlying technology more efficiently. Indeed, a former employee claimed it has improved Nvidia GPUs that are usually capped for the Chinese market when...