1. Instacart Co-Founder Apoorva Mehta Launches AI-Driven Hedge Fund, Replaces Human Portfolio Managers
Apoorva Mehta, the serial entrepreneur who built Instacart into a grocery delivery giant and later took it public, has entered the hedge fund arena with a wager that artificial intelligence can outperform traditional portfolio management. The newly launched fund relies on an orchestrated system of AI agents designed to...