"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."
"While the firm has focused on traditional finance so far and mostly kept away from crypto, Clinton said he started experimenting with bitcoin specifically in the last five months. The objective: for AI to set useful targets to trade the world's top cryptocurrency. "In the bull case - which was a Trump win and a more favorable regulatory environment - AI saw that bitcoin could maybe go to $140,000," Clinton said. "Maybe that's the scenario we're working toward right now.""
A $30 million fund delegates investment decisions to artificial intelligence. The staff comprises a founder and CEO, programmers, contractors, and three AI models: ChatGPT, Gemini and Claude. The AI trio serves as the investment committee and drives portfolio construction with minimal human intervention. The AI-driven approach has produced strong results, including profitable short positions such as a short on Boeing ahead of a 737 MAX failure. The firm has concentrated on traditional finance but has recently begun experimenting with bitcoin, with AI scenarios projecting a potential bull-case target near $140,000.
Read at Coindesk
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