Chinese AI Models Outperform Western Rivals in Cryptocurrency Trading Contest
DeepSeek and Alibaba's Qwen AI have dominated a live cryptocurrency trading competition, achieving triple-digit returns while Western models floundered. DeepSeek's Chat V3.1 generated a 126% gain, turning $10,000 into $22,900 since October 18. Qwen 3 Max followed closely with a 108% return, briefly overtaking DeepSeek before settling into second place.
OpenAI's GPT-5 and Google's Gemini 2.5 Pro suffered losses nearing 60%, while xAI's Grok 4 and Anthropic's Claude 4.5 Sonnet posted modest gains of 14% and 23% respectively. The contest, organized by US research firm Nof1, highlights the growing role of AI in crypto markets and the current edge held by Chinese models in algorithmic trading strategies.