China’s AI Race Spurs Emergence of Winner-Laggard Pair Trade
AI Summary
Investors in China are engaging in a pair trade within the artificial intelligence sector, buying shares in the perceived market leader while shorting its rival, reflecting the competitive race to develop viable AI models.
A pair trade is emerging in China’s artificial intelligence sector, with investors piling into the perceived winner and betting against its rival seen as losing ground in the race to build commercially viable AI models.