Steve Cohen says that the AI ​​decadadslong topic will be

Rate this post


Steve Cohen, Chairman and Director General of Point72 speaking to CNBC on April 3, 2024.

CNBC

Miami Beach, Fla. – The billionaire investor Steve Cohen stops with the appearance of a long-term throat, despite the wild variability, despite the savage change, despite the savage change recently.

“This is a 10-20 year. “In the second shooting of something to be transformed for the first, economy and the world.

CEO of the chairman of the Hedge Foundation and CEO Point72, Young Chinese EU Starter Deepseek spark mass road US technology stocks Monday. Deepseek’s highly competitive models, the cost of the cost of the cost of the AI ​​shook the confidence of the AI ​​story Hype around the plugs of NVIDIA.

Cohen, the owner of the New York Mets, AI can see the decline and descendants and lack of accurate information can increase variability around AI’s investment.

“It will be episodic. It’s not going to go straight to a line. There will be advances and then calm,” he said. “People will have the moments of doubts like yesterday. There are many people who own and why they own and why they do not know why they do not know why they do not know. Thus, you get many wrong information.”

NVIDIA, the largest force of the EU, Monday or Sunday value of $ 600 billion in stocks is 17% or $ 600 billion the greatest one-day drop In the value of the US company. The name Megaacap was withdrawn about 9% Tuesday.

Cohen said he expects the company to collect $ 1.5 billion for the new AI-oriented Hedge Foundation.

Don’t miss these concepts from CNBC Pro

 
Report

Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *