DeepSeek and Qwen AI models crush Western rivals in cryptocurrency trading challenge

Chinese artificial intelligence models DeepSeek and Qwen have surged ahead of Western rivals, including GPT, with returns exceeding 100 per cent in just nine days during an ongoing real-market cryptocurrency trading competition. DeepSeek’s Chat V3.1 model grew its initial capital of US$10,000 to US$22,900 by 2pm on Monday – a 126 per cent gain since trading began on October 18 – according to the latest update from Alpha Arena, a crypto investment project launched on Friday by US research firm No