"In the future, Huanfang Technology will return to its roots and focus on the research and development of AI models."
Liang Wenhu pondered for a long time, then suddenly started talking about why he ventured into quantitative trading in the first place; fundamentally, it was because of lack of money.
A standard GPU core, such as the NVIDIA P100, costs 12,000 US Dollars, and towards the end of last year, the surge in Bitcoin drove the price above 20,000 US Dollars.
Huanfang's self-developed Firefly One AI model is equipped with 1,100 P100 GPUs.
Not to mention labor and other daily expenses, the expenditure for this alone is 13.2 million US Dollars.
Self-developing an AI model is a money pit; without continuous funding from cash-generating ventures, it would inevitably die prematurely.
So at that time, he decisively paused the AI model's development to focus on making money, which led him to discover quantitative trading.
