Steve Cohen’s Point72 Asset Management is seeking to raise approximately $1 billion for a new stock-picking hedge fund focused on artificial intelligence. The initiative marks a significant move by Cohen, who is also the owner of the New York Mets, into the rapidly growing AI sector. The hedge fund aims to capitalize on the increasing interest and potential of AI technologies. Reports indicate that the fund will target stocks in companies involved in artificial intelligence, such as Nvidia. Investors are expected to pay fees of 3 and 30.
Mets owner Steve Cohen’s hedge fund eyes new $1B AI fund: report https://t.co/C2RCr3wlmS https://t.co/SBBb0vqTca
Mets owner Steve Cohen’s hedge fund eyes new $1B AI fund: report https://t.co/KhsxwIpW0m https://t.co/61O1ZlngyR
Steve Cohen is set to make a big push into investing in AI https://t.co/ucahXQB6qi
Steve Cohen’s Point72 Asset Management is seeking to raise about $1 billion for a new stock-picking hedge fund focused on artificial intelligence. https://t.co/hfHfwQK2Qf via @parmarhema @wealth #HedgeFunds
someone is going to pay Stevie 3 and 30 to buy $NVDA for them Steve Cohen’s Point72 Readies New Hedge Fund Targeting AI Stocks
Steve Cohen’s Point72 Readies New Hedge Fund Targeting AI Stocks https://t.co/i7gdyWXPjO
Steve Cohen’s Point72 Asset Management is seeking to raise about $1 billion for a new stock-picking hedge fund focused on artificial intelligence. https://t.co/n80zWWPqcz