Quantitative private sale of billions of dollars, Ming Shi Fund considers "directly participating in the development of the AI industry"

On March 12th, Jinshi Data reported that with the continuous popularity of the DeepSeek large model, many top quant private sale firms have increased their research and development investment in AI recently. Yuan Yu, the founder of the billion-dollar quant private sale Mingshi Fund, revealed in an exclusive interview with reporters that the institution established an AI laboratory as early as 2021, and the cumulative investment in the two-phase construction of the supercomputing center in 2022 has reached the "billion-dollar level." In the future, Mingshi Fund does not rule out the possibility of "directly participating in the development of the AI industry." Yuan Yu stated in an interview with reporters that as an asset management institution, Ming Shi's first mission is to create higher and more stable returns for investors. Therefore, the institution's priority in investing heavily in AILab and supercomputing is to empower companies' technological models, that is, research and development should be combined with the asset management industry. In order to achieve this goal, the company's research and development in AI in recent years has involved "more fundamental and basic research," and "these basic researches will naturally have some extensions."