China's DeepSeek and Qwen AI Beat US Rivals In Crypto Trading Contest (yahoo.com)
- Reference: 0179899764
- News link: https://slashdot.org/story/25/10/28/217237/chinas-deepseek-and-qwen-ai-beat-us-rivals-in-crypto-trading-contest
- Source link: https://finance.yahoo.com/news/china-deepseek-alibaba-qwen-ai-100838899.html
> Two Chinese artificial intelligence (AI) models, DeepSeek V3.1 and Alibaba's Qwen3-Max, have taken a [2]commanding lead over their US counterparts in a live real-world real-money cryptocurrency trading competition , posting triple-digit gains in less than two weeks. According to [3]Alpha Arena , a real-market trading challenge launched by US research firm Nof1, DeepSeek's Chat V3.1 turned an initial $10,000 into $22,900 by Monday, a 126% increase since trading began on October 18, while Qwen 3 Max followed closely with a 108% return.
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> In stark contrast, US models lagged far behind. OpenAI's GPT-5 posted the worst performance, losing nearly 60% of its portfolio, while Google DeepMind's Gemini 2.5 Pro showed a similar 57% decline. xAI's Grok 4 and Anthropic's Claude 4.5 Sonnet fared slightly better, returning 14% and 23% respectively. "Our goal with Alpha Arena is to make benchmarks more like the real world -- and markets are perfect for this," Nof1 said on its website.
[1] https://slashdot.org/~hackingbear
[2] https://finance.yahoo.com/news/china-deepseek-alibaba-qwen-ai-100838899.html
[3] https://www.reddit.com/media?url=https%3A%2F%2Fpreview.redd.it%2Fdeepseek-is-far-ahead-the-new-benchmark-alpha-arena-tests-v0-p985t4hdcgwf1.png%3Fwidth%3D3840%26format%3Dpng%26auto%3Dwebp%26s%3Db0f844fb842d39a689e849d283b49bed02103347
Sounds like a very poorly disguised advertisement (Score:4, Insightful)
... for scammy crypto-things sold to gullible people. But even if that "contest" had any other background, the results would hardly be reproducible at any future point in time. You could just as well judge LLMs by their ability to predict dice rolls.
Re: (Score:2)
Exactly. The stock market is so disconnected from reality that it's basically a casino. The cryptocurrencies market is even worse.
I would rather see them pit these AIs in something actually measurable, but then we would all realize that these are just tools and there's no inherent understanding behind their decisions.
Re: (Score:2)
That [1]LLM poker tournament [pokerbattle.ai] is probably more entertaining, and unlike the crypto scam does not pretend to be about anything but gambling.
[1] https://pokerbattle.ai/event
Re: (Score:1)
ackshually ... casinos are much more tightly regulated.
Still waiting (Score:2)
I'll know that AI has achieved a major milestone when one of them eventually says:
"Crypto is a strange game. The only winning move is not to play."
Re: (Score:2)
Are they smart enough to know to pull those gains out before the tulip market crashes?
Re: (Score:2)
I’ve been hearing slashdot talk about tulips for a solid decade now. No sign of collapse in sight.
Re: (Score:2)
It was demonstrated long ago that most all trading markets are chaotic. By definition, you won't see a sign of collapse in sight.
Unlike useful markets, (but similar to 17th century tulips), crypto has no intrinsic value. Therefore, there is no bottom to a potential crash.
Random Walk (Score:2)
Ignoring the whole fact that we don't even know how they set up these bots to trade, it looks pretty damn random.
Fire Idea (Score:2)
When cryptocurrency isn't wasting enough energy, you can always throw AI at it.
need to know risk (Score:2)
Kinda need to know what level of risk the Chinese AIs took on. Getting big gains by making risky bets and getting lucky = meh.
Well of course (Score:2, Flamebait)
We all know the Chinese would never cheat.