Bitcoin Going to $140K Says Trio of AIs Managing $30M Investment Fund [Yahoo! Finance]
Alphabet Inc. - Class C Capital Stock (GOOG)
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Source: Yahoo! Finance
The models have a great track record so far. There's a $30 million fund that, for all intents and purposes, leaves all investment decisions to be made by artificial intelligence (AI). The firm's name: Intelligent Alpha. Its staff includes founder and CEO Doug Clinton, a few programmers and contractors, and a trio of AIs — OpenAI's ChatGPT, Google's Gemini and Anthropic's Claude. The AI triumvirate makes up the firm's investment committee and so far, it's doing a stellar job. “Some of the AI's best calls have been shorts,” Clinton told CoinDesk in an interview. “It was short on Boeing earlier this year, before that door blew off the 737 MAX [in January]. And AI was actually short on the stock for that reason — because it thought there would be quality issues with the plane.” While the firm has focused on traditional finance so far and mostly kept away from crypto, Clinton said he started experimenting with bitcoin {{BTC}} specifically in the last five months. The objective:
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