Trump’s $500B “Stargate” AI Infrastructure Plan Sparks Debate OpenAI, Oracle, and SoftBank have launched a $500 billion joint venture to build AI infrastructure under the “Stargate” initiative, aiming to secure U.S. dominance in AI. Critics like Elon Musk question funding feasibility, while Sam Altman defends the project’s progress. China’s AI ETF Surges as Long-Term Capital…
Benchmark DeepSeek-R1 OpenAI o1-1217 AIME 2024 79.8% 79.2% Codeforces 96.3 percentile 89 percentile MATH-500 97.3% 96.4% SWE-bench Verified 49.2% 48.9% GPQA Diamond 71.5% 75.7% MMLU 90.8% 91.8% Key Takeaways: While both DeepSeek-R1 and OpenAI o1 exhibit impressive capabilities, they also have limitations:
Backtesting is a crucial part of effective trading strategies. It allows us to test how a strategy would have performed in the past using historical data, which gives us ideas on how much money it could make and what risks are involved. However, backtesting has its problems. Many traders make common mistakes and have biases…
From my experience in the trading world, I can tell you that staying ahead of the curve is key. And in the fast-paced world of Bitcoin, that means exploring new tools and strategies. That’s why I’ve been diving into Multi-level Deep Q-Networks (MDQNs). They offer a unique approach to tackling the complexities of cryptocurrency trading….
The field of reinforcement learning (RL) has significantly transformed machine learning by allowing agents to acquire optimal behaviors via their interactions with the environment. Deep Q-Networks (DQNs) have advanced RL by integrating deep neural networks for the purpose of approximating Q-values, which fundamentally serve to forecast the long-term value associated with executing a particular action…
Reinforcement learning is one of the most effective types of machine learning where an agent learns by making decisions through its interaction with its environment. In other words, it is the learning process as humans learn in real life by trial and error. Think of a child trying to ride a bicycle. He wobbles, falls,…
This semi-monthly column explores the rapid advancements and impacts of Artificial Intelligence (AI) in the banking and finance sectors. The insights provided include news, industry reports, academic papers, and central bank activities, accompanied by links to primary sources and, where possible, free versions. News Highlights Wall Street Faces 200,000 Job Cuts Due to AI Transformation…
Let’s be real: backtesting is like the ultimate “what if” game for traders. What if I’d bought Apple stock in 2005? What if I’d shorted GameStop before it went viral? But here’s the kicker—what if your backtest is lying to you? Yep, that’s right. Most backtests fail, and it’s not just because of bad data…
Alright, let’s get real for a second. When I first started algo trading, I was on a tight budget. I needed good data, but I didn’t want to spend hundreds (or thousands) of dollars on expensive APIs. Sound familiar? The good news is, there are plenty of free or affordable market data APIs out there…