Point72 Asset Management's founder Steven Cohen said on Tuesday that the recent developments announced by Chinese artificial intelligence startup DeepSeek are positive for the outlook of artificial intelligence.
Point72 Asset Management's founder Steven Cohen said on Tuesday that he would expect the stock market to reach a peak soon amid inflation pressure and uncertainties around U.S. President Donald Trump's policies on tariffs and immigration.
Point72 recently launched a private credit business. Cohen, who is also chair and president of the firm, noted there are plenty of credit businesses out there, but he sees his firm growing where staff want to and where they have talent.
Billionaire investor Steven Cohen reportedly sees DeepSeek’s AI technology development as beneficial to the industry. Read more here.
Point72 Asset Management founder Steven Cohen recently praised Chinese AI startup DeepSeek for its advancements, viewing them as positive for artificial intelligence. Despite DeepSeek's news causing a tech stock downturn,
Steven Cohen of Point72 Asset Management sees recent advancements by Chinese AI startup DeepSeek as a positive move for the future of artificial intelligence, describing them as 'bullish' during a conference in Miami.
Tech stocks rebound as Nvidia rises 8.9% following a record $593B loss. Investors reassess DeepSeek's impact on the AI market.
The rout in US stocks to start the week, spurred by questions over artificial-intelligence spending, has done little to shake Steve Cohen’s confidence in the technology’s transformative potential.
Laura Sterner, who helped raise billions for the firm's 2018 relaunch, had worked with Steve Cohen for close to a decade.
Technology shares steadied, led by a modest recovery in Nvidia after its record-breaking wipeout in market value.
That’s why 40% of asset managers surveyed by KPMG for a new report released today (Jan. 30) said they are prioritizing investment in data centers over the next two years, up from 27% just six months ago and putting them as the number two priority in real estate investments behind residential/build-to-rent (47%).
The growing demand for artificial intelligence has led asset managers to increase their planned investments in data centers, according to a new survey by global professional services firm KPMG released Jan. 30.