China's DeepSeek, Qwen beat US rivals in crypto trading contest
Chinese AI models, DeepSeek and Qwen, have outperformed their US rivals in the recent cryptocurrency trading competition organised by research firm Nof1. DeepSeek's Chat V3.1 turned the initial $10,000 capital into $22,900 by October 27, reporting 126% increase since trading began on October 18. OpenAI's GPT‑5 lost nearly 60% of its portfolio, and Google DeepMind's Gemini 2.5 Pro dropped 57%.