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
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