Bitcoin Going to $140K Says Trio of AIs Managing $30M Investment Fund
Intelligent Alpha operates a $30 million fund where investment decisions are made by AI, specifically OpenAI's ChatGPT, Google's Gemini, and Anthropic's Claude. The firm has successfully utilized AI for short positions, notably predicting issues with Boeing. Recently, the firm began experimenting with Bitcoin, projecting potential highs of $140,000 under favorable conditions. The investment process involves curating data on large-cap U.S. companies and instructing AIs to emulate renowned investors' philosophies. Portfolios are generated by the AIs and reviewed for accuracy. The Intelligent Livermore ETF, launched in September, allows investors to access this strategy. The AIs have shown strong performance in macro predictions and have consistently favored stocks like Nvidia. Intelligent Alpha remains cautious with crypto investments due to data limitations but is exploring unique AI applications for identifying promising crypto projects.
