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Steve Cohen says his financial firm can already save $25 million by using AI - TL;DR CNBC

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

Publishing timestamp: 2024-04-03 13:16:50


Summary

Billionaire investor Steve Cohen believes that artificial intelligence is already making a significant impact on the business world. He shared an anecdote about how AI models saved his firm $25 million in efficiency. Cohen sees AI as a durable theme for investing and believes that every company needs to be thinking about how it can change their business.


Sentiment: POSITIVE

Tickers: MSFTNVDA

Keywords: marketsandrew ross sorkinnvidia corpsteve cohenbusiness newsbreaking news: marketsmicrosoft corp

Source: 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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