Bitcoin Will Hit $140,000, Says AI Trio Running $30 Million Investment Fund
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 stellar track record so far.
There’s a $30 million fund that, for all intents and purposes, lets artificial intelligence (AI) make all the investment decisions.
The company’s name: Intelligent Alpha. Its team includes founder and CEO Doug Clinton, some developers and contractors, and a trio of AIs: ChatGPT from OpenAI, Gemini from Google, and Claude from Anthropic.
The AI triumvirate makes up the company’s investment committee, and so far, it’s doing a remarkable job.
“Some of AI’s best decisions have been shorts,” Clinton told CoinDesk in an interview. “They were shorting Boeing earlier this year, before that door blew off the 737 MAX [in January]. And AI was actually shorting for that reason — because they thought there were going to be quality issues with the plane.”
While the company has so far focused on traditional finance and stayed away from cryptocurrencies, Clinton said it has begun experimenting with bitcoin {{BTC}} specifically in the past five months. The goal: for AI to come up with 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 possibly go to $140,000,” Clinton said. “That may be the scenario we’re working toward right now.”"
