Bitcoin will reach US$140,000, says trio of AIs that manage US$30 million investment fund
$ETH $BTC $BNB Intelligent Alpha creates portfolios based on AI investment choices.
The company has a trio of AIs — ChatGPT, Claude, and Gemini — and implements their decisions, even if they seem counterintuitive.
The models have a great track record so far.
There is a $30 million fund that, for all intents and purposes, leaves all investment decisions to be made by artificial intelligence (AI).
The company name: Intelligent Alpha. Its team includes founder and CEO Doug Clinton, some developers and contractors, and a trio of AIs — OpenAI's ChatGPT, Google's Gemini, and Anthropic's Claude.
The AI triumvirate makes up the company's investment committee and, so far, is doing a stellar job.
“Some of AI’s best decisions have been shorts,” Clinton told CoinDesk in an interview. “She was short at Boeing earlier this year, before that door blew up the 737 MAX [in January]. And AI was actually short the stock for that reason — because it thought there would be quality issues with the plane.”
While the company has focused on traditional finance until now and stayed away from cryptocurrencies, Clinton said it began experimenting with bitcoin {{BTC}} specifically in the last five months. The goal: for AI to define useful targets for trading the world's leading cryptocurrency.
“In the bull case — which was a Trump victory and a more favorable regulatory environment — the AI saw that bitcoin could perhaps go to $140,000,” Clinton said. “Maybe that’s the scenario we’re working toward now.”