Hedge fund manager Brian Kelly launches Bracket22, a new firm powered entirely by AI agents, cutting annual labor costs from $5 million to $30,000-$40,000
Brian Kelly, a former cryptocurrency hedge fund manager, has established Bracket22, a trading firm that operates solely on agentic artificial intelligence. This shift has drastically reduced his annual labor-related costs from approximately $5 million to just $30,000-$40,000, while increasing productivity by at least tenfold. Bracket22 invests Kelly's own capital across cryptocurrencies, stocks, and commodities. The move highlights a growing trend on Wall Street, with major firms like JPMorgan Chase and Morgan Stanley also integrating AI into their operations.
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Source:CNBC头条 · Source Link
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