Steve Cohen says his financial firm saves $25 million by using AI



Point72 founder told CNBC’s Andrew Ross Sorkin that his financial firm has found ways for even the early AI models to save the company money. Cohen called AI a “really durable theme” for investing and said that basically every company needs to be thinking about how it can change the business. If you’re a company and you’re not thinking about this, you’re going to wake up one day and go ‘we’re in trouble.   https://www.cnbc.com/2024/04/03/steve-cohen-says-his-financial-firm-can-already-save-25-million-by-using-ai-.html

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