Tiger Brokers said on Tuesday it embedded DeepSeek’s model into its AI-powered chatbot, as brokerages and money managers race to capitalise on the Chinese start-up’s artificial intelligence (AI) breakthrough and develop use cases for the financial industry.
The integration of the DeepSeek-R1 model into TigerGPT follows DeepSeek’s meteoric rise, which stunned Silicon Valley and triggered a rally in Chinese tech shares on bets of an AI revolution sweeping across sectors from education to finance.
Tiger Brokers, an online broker backed by shareholders including Chinese electronics maker Xiaomi and renowned US investor Jim Rogers, is the latest to embrace DeepSeek.
At least 20 Chinese brokers and fund managers, including Sinolink Securities, CICC Wealth Management and China Universal Asset Management, have already started to integrate DeepSeek models into their businesses, potentially changing the way they conduct research, manage risks, make investment decisions and interact with clients.
DeepSeek will be able to tap Tiger Brokers’ financial data and help customers analyse valuations, make trading decisions and “feel the beauty of investment”, said Wu Tianhua, Tiger Brokers’ founder and CEO.
