Steve Cohen is set to make a big push into investing in AI

Steve Cohen is set to make a big push into investing in AI

Steve Cohen, chairman and CEO of Point72, speaking to CNBC on April 3, 2024. CNBC Billionaire investor Steve Cohen’s Point72 plans to launch a separate, artificial intelligence-focused hedge fund to capitalize on the boom, according to a person close to the firm’s plans. The new long/short equity fund, to be launched later this year or early … Read more

CNBC Daily Open: Disney wins proxy showdown

CNBC Daily Open: Disney wins proxy showdown

Robert Iger, President and CEO of Walt Disney Company announces a $5 million dollar donation with Mickey Mouse for the New Hospital Building at Children’s Hospital Los Angeles, October 30, 2006 in Los Angeles, California. Bob Riha Jr | Archive Photos | Getty Images This report is from today’s CNBC Daily Open, our international markets … Read more

Steve Cohen says his firm can already save $25 million by using AI

Steve Cohen says his firm can already save  million by using AI

Steve Cohen at Point 72 Asset Management. Adam Jeffery | CNBC You can count billionaire investor Steve Cohen among those who believes artificial intelligence is already making an impact on the business world. The Point72 founder told CNBC’s Andrew Ross Sorkin on “Squawk Box” that his financial firm has found ways for even the early … Read more