Steve Cohen, Chairman and CEO Point72 spoke to CNBC on CNBC on April 3, 2024.
CNBC
Miami Beach, Florida. -Steve Cohen, an investor in billionaire, relied on his long -term bullish views on artificial intelligence. Although the change of change has recently occurred, this change may take decades to achieve it.
Cohen said at a conference on Tuesday’s iConnections Global ALTS: “This is a 10 to 20 years of theme. This will affect everyone’s way of life and business.” One game, the second game … this is a huge and important change, so that it ignores it, I think this is a mistake. “
The chairman and CEO of Hedge Fund 72’s comments were triggered by DeepSeek, a young AI startup, in China Large defeat Monday in American technology inventory. DeepSeek’s fierce competitive model seems to be due to a small part of the cost that makes investors’ confidence and confidence in AI stories The hype around NVIDIA chipEssence
Cohen, who also has the Metropolitan team of New York, said that AI prosperity may see ups and downs, and lack of accurate information may exacerbate the fluctuations in AI -related investment.
Cohen said: “This will be occasionally. This will not run straight. There will be progress, and then become quiet.” “Some people will doubt it as yesterday. Many people have these stocks, and they may not know themselves. What does and why they have it, except for some AI securities they should have.
NVIDIA is by far the biggest promoter, with a stock price of 17 % on Monday, a market value of nearly $ 600 billion- The biggest day in history Value to American companies. On Tuesday, the giant name was 7 %.
Cohen also revealed that his company raised $ 1.5 billion for its new AI -centric hedge fund to make use of prosperity.
