Tag: Steve Cohen

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

Billionaire investor Steve Cohen, founder of Point72 Asset Management, shared insights on the impact of artificial intelligence (AI) in the business world during an interview with CNBC’s Andrew Ross Sorkin. Cohen revealed that his financial firm has harnessed early AI models to achieve significant cost savings, citing an example where the firm could save $25 […]

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