Meet Goku, the Chinese quant trading fund with AI ambitions beyond finance

The Shanghai-based firm and subsidiary AllMind are pursuing AI-assisted scientific discovery, drawing comparisons with DeepSeek

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Wang Xiao, founder and CEO of Chinese quantitative trading fund Goku and its AI-focused subsidiary, AllMind. Photo: Handout

Published: 9:00am, 15 Jun 2025

Goku Technologies, a Shanghai-based quantitative trading fund, is expanding its ambitions beyond finance, looking to artificial intelligence (AI) as a means to overcome challenges faced by humanity, according to CEO Wang Xiao.

In an interview with the Post, Wang said the firm’s AI initiatives were driven by a vision that transcended short-term commercial interests. “What I believe is [AI exists] to solve issues for humanity – this is the only thing that matters,” he said.

Last month, Goku launched Shanghai AllMind Artificial Intelligence Technology, an AI-focused subsidiary, in a move that draws parallels with Chinese hedge fund High-Flyer Quant, which established DeepSeek in 2023.

Wang, however, played down the comparison, pointing out that Goku was pursuing a different path with AllMind.

Instead of competing directly with major tech companies like Alibaba Group Holding or start-ups like DeepSeek, which develop AI models from scratch, AllMind was envisioned as a catalyst for AI-assisted scientific discovery, according to Wang. Alibaba owns the South China Morning Post.

Shanghai-based Goku Technologies has drawn comparisons with High-Flyer Quant, owner of leading Chinese AI start-up DeepSeek. Photo: Screenshot

Goku gained attention last month with the release of a research paper introducing a new AI training technique that combines supervised fine-tuning and reinforcement learning – key methods used by industry leaders like OpenAI and DeepSeek.