High-Flyer

Headlines · 3

1. Oct 19
   Quant hedge funds flock to Ulanqab as GPU prices triple and compute arms race intensifies

   A 36Kr repost of a Yuanchuan Investment Review feature reports that Chinese quant hedge funds are moving training data centers to Ulanqab in Inner Mongolia to tap cheap wind and coal power as GPU costs surge. One quant fund manager said graphics card prices have roughly tripled over the past year, with an 8-GPU A100 server rising from about 400,000 yuan to more than 1.2 million yuan and monthly rent for such a machine climbing from 30,000–40,000 yuan to 80,000 yuan. The article also cites Bloomberg saying DeepSeek plans an approximately 1GW AI data center in Ulanqab with at least 160,000 Huawei Ascend 950DT chips, a claim not confirmed by DeepSeek or Huawei.

   36氪 人工智能 · 🔥 0
2. Oct 12
   Alex Gerko's AI trading firm XTX Markets lifts him to eighth on UK rich list

   According to the Sunday Times 2026 UK rich list, 46-year-old mathematician Alex Gerko ranks eighth with a fortune of £16.006 billion, up £7.261 billion in a year; Chinese outlets attribute the wealth mainly to the valuation of XTX Markets, the quantitative market maker he founded in 2015. Reports describe XTX as running machine-learning-driven trading and market making on large GPU clusters, with its website cited as listing more than 25,000 GPUs in its research cluster, coverage of over 53,000 financial instruments, about $250 billion in daily trading volume, roughly 250 to 300 staff, no outside investors and a stake of about 75% held by Gerko. 36Kr and others also report that XTX's three main UK entities posted combined after-tax profit of about £1.71 billion in 2025, and note that public materials do not break out how much profit AI alone contributes.

   36氪 人工智能 · 🔥 0
3. Oct 10
   GLM-5.3 joins Amazon Bedrock, showing two Chinese model go-to-market paths

   An analysis published via 36Kr's Muhe Business Finance says Zhipu's GLM-5.3 went live on Amazon Bedrock during China's October National Day holiday under a usage-based revenue-share deal; Zhipu's Hong Kong shares reportedly rose more than 7% that day, and Goldman Sachs upgraded the stock to buy with a HK$1,560 target, raising its end-2026 ARR estimate for Zhipu from $2.7bn to $3.2bn. The piece contrasts this with DeepSeek, which has been available on Bedrock since March 11, 2025 via Bedrock and Custom Model Import but is described as prioritising distribution and open weights over direct monetisation, a difference it ties to Zhipu's post-IPO revenue pressure versus DeepSeek's High-Flyer backing and its reported RMB 51bn first external round in June 2026.

   36氪 人工智能 · 🔥 0

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