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Hedge Fund Launched By Instacart Co-Founder Has AI Call Shots
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Hedge Fund Launched By Instacart Co-Founder Has AI Call Shots
Instacart co-founder Apoorva Mehta launched a hedge fund that relies on an army of artificial intelligence agents, one of the few using that technology to essentially replace fundamental portfolio managers. Apoorva Mehta. MUST CREDIT: Mike Kane/Bloomberg. Thousands of bots scour the internet for trade ideas, conduct in-depth research, pick stocks to wager on and against, size bets and even execute trades. The 39-year-old entrepreneur started the…
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