According to ChainCatcher, citing CoinDesk, former Snapchat strategy chief Imran Khan stated that cryptocurrency plays a minimal role in their AI strategy, and that the driving forces behind cryptocurrency and AI are fundamentally different investment philosophies.
His firm, Proem Asset Management, focuses its AI investments on productivity and economic growth, while limiting direct token investments and viewing cryptocurrency-related investments as part of a broader technological mission.
Nevertheless, according to its latest 13F filing, Proem holds stakes in Coinbase (COIN), Robinhood (HOOD), and Bitcoin miner Iren (IREN), and holds spot Bitcoin through the iShares Bitcoin Trust (IBIT).
