Instacart Co-Founder Launches Hedge Fund Run by AI Agents
Apoorva Mehta's new fund replaces human portfolio managers with AI agents that execute trades — an early, high-stakes test of autonomous agents in finance.
Apoorva Mehta, co-founder of Instacart, is launching a hedge fund in which "an army of artificial intelligence agents" executes trades, as @Polymarket reported. The fund reportedly replaces traditional fundamental portfolio managers with AI agents — not just AI-assisted humans, but agents making and executing decisions.
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