Hedge fund manager and quant trading author Ernie Chan on why hedge funds can't just copy OpenAI and DeepSeek
"In theory, everybody has access to this." "Everybody has read OpenAI and DeepMind's paper. Why can't they become the next Google?" "It's not that easy." "We have a
It’s Qwen4! Loktar’s temple scene on a rainy night in the forest, Qwen4 116k tokens, DeepSeek Harness 732k tokens!!!
The difference is nearly 6 times more than 7 times! ! Many people can't wait to run Qwen4 locally! In my opinion, Qwen4's performance and price/performance in 3D modeling and graphics far exceed other open source models! I wonder if it can beat Opus 5.5?
DeepSeek Harness: an open-source AI agent where everything is a plugin, even the interface.
You build it, you don't rent it. Full Short:
A 284-BILLION-PARAMETER model on a PC with no GPU.
Here’s what the readme doesn't put in bold A new open-source project runs DeepSeek-V4-Flash on 64 GB of RAM and a CPU. It's real engineering. It's also a perfect lesson in how to read "frontier AI at home" claims before you
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