The 68-year-old investing icon has previously said that he expects AI technology to be “transformational” to the way firms do business.
Steve Cohen , the hedge fund titan who owns the New York Mets , wants to raise $1 billion to buy stocks in artificial intelligence firms,
“When you have a technological change like this, it sort of reminds me of the ’90s where the best new companies came out of that period,” he said.IRS to close 'major' tax loophole Aside from outside investment, Point72 employees and Cohen himself, who has an estimated net worth of $13.9 billion, are set to stump up capital for the new vehicle.
Hedge Funds New York Mets Point72 Asset Management Steve Cohen
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Mets owner Steve Cohen’s first big move of season gets blockedNew York Mets owner hits roadblock in bid to build a casino
Read more »
Mets Owner Steve Cohen Roasted for His London vs. NYC Food TakeFans couldn't believe the controversial comment Cohen made ahead of the London series vs. the Philadelphia Phillies
Read more »
Mets owner Steve Cohen says fans 'have been through worse,' eyes turnaround at MLB London SeriesSteve Cohen believes the Mets can still turn the season around and said fans 'have been through worse.'
Read more »
Mets Owner Steve Cohen Sends Bold Message to Fans Amid Rough StretchMets owner Steve Cohen spoke in London and had a bold message for disgruntled fans.
Read more »
Mets owner Steve Cohen says fans ‘have been through worse,' eyes turnaroundNew York Mets owner Steve Cohen says his team can still turn around its season and fans “have been through worse.”
Read more »
Mets owner Steve Cohen says fans 'have been through worse,' eyes turnaroundNew York Mets owner Steve Cohen says his team can still turn around its season and fans “have been through worse.'
Read more »