According to PANews, recent data from nof1.ai reveals that several AI trading models participating in the AlphaZero AI trading competition have experienced significant losses due to a market downturn. The DeepSeek account, which had been performing the best, saw its equity drop from $21,760 to $14,721 in a single day, marking a 32.3% decline. Similarly, the Qwen3 account fell from $17,419 to $12,227, a daily decrease of 29.8%. The GPT5 model performed the worst, with its account balance dwindling to $2,748, resulting in a cumulative loss rate of 72.6%.
PANews analysts attribute this round of losses to the AI trading models' general tendency to hold high-leverage long positions with loose stop-loss strategies, which led to concentrated losses during the sharp market decline.