Billionaire Steve Cohen’s Point72 Ventures Lays Off Fintech Team In Pivot Towards AI

Quick Summary:

Five investors, and likely multiple partners, are leaving Cohen’s fund as it shifts focus from fintech, the category where it had made more than half its 100-plus investments.

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Category: StartupsTechnology

Markets: United States

Topics: /innovation Editors-pick Money Editors' Pick Innovation /money Premium

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-27 @ 10:04:27 (1 weeks ago)

News Timezone: GMT -5:00

News Source URL: forbes.com

Language: English

Article Length: 28 words

Reading Time: 1 minutes read

Sentences: 23 lines

Sentence Length: 2 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Forbes

News ID: 21402750

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Main Topics: StartupsTechnology

Official Website: forbes.com

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Year Established: 1917

Headquarters: United States

News Last Updated: 12 hours ago

Coverage Areas: United States

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Publisher ID: #40

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