Steve Cohen says his firm can already save $25M by using AI
artificial
Steve Cohen says his firm can already save $25M by using AI
Steve Cohen's firm, Point72, saved $25 million using AI models like ChatGPT. The excitement around AI has driven the market rally, benefiting companies like Nvidia and Microsoft. Cohen emphasized the importance of companies embracing AI to stay co...
artificial

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

  • Steve Cohen's firm, Point72, saved $25 million using AI models like ChatGPT.

  • The excitement around AI has driven the market rally, benefiting companies like Nvidia and Microsoft.

  • Cohen emphasized the importance of companies embracing AI to stay competitive and efficient in the business landscape.

Source: https://www.cnbc.com/2024/04/03/steve-cohen-says-his-financial-firm-can-already-save-25-million-by-using-ai-.html

submitted by /u/NuseAI
[link] [comments]