Core Insights - The article discusses the increasing involvement of billion-dollar quantitative private equity firms in the artificial intelligence (AI) sector, highlighting the establishment of Shanghai AllMind Technology Co., Ltd. by Nian Kong Technology to explore cutting-edge AI topics [1][2] - Several major private equity firms, including Jiukun, Kuande, Mingshi, and Heiyi, are actively investing in AI, driven by the success of DeepSeek and the potential to enhance their competitive edge and expand business boundaries [1][8] Company Developments - Nian Kong Technology founded AllMind on May 19, 2025, focusing on foundational research and engineering technologies related to general large language models (LLMs) [2][3] - The company aims to address current challenges in large models, such as improving logical reasoning capabilities and reducing hallucination issues, while also exploring applications in various fields like new materials and pharmaceutical research [3][5] Academic Collaborations - AllMind collaborated with Shanghai Jiao Tong University to write a paper titled "Step-wise Adaptive Integration of Supervised Fine-tuning and Reinforcement Learning for Task-Specific LLMs," submitted to NIPS on May 20, 2025 [2][3] - The paper introduces a new training framework that alternates between supervised fine-tuning (SFT) and reinforcement learning (RL), demonstrating superior performance over traditional methods [6][5] Industry Trends - Kuande Investment has established an AI talent recruitment initiative, focusing on developing general-purpose AI technologies, while also launching an independent AI research lab [8] - Jiukun Investment has previously published research on AI, successfully replicating DeepSeek-R1's work and identifying issues related to language mixing that affect reasoning capabilities [8] - Mingshi Fund has integrated AI into its entire investment research process, enhancing efficiency in factor mining, model optimization, and risk control since establishing its AI lab in 2021 [8][9] - Heiyi Asset has implemented AI throughout its investment research process, utilizing large language models to analyze complex data and improve prediction accuracy [9] Future Outlook - The quantitative private equity sector is expected to see increased investment in AI, including talent acquisition and infrastructure development, leading to a competitive landscape for AI professionals [9]