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Point72 founder eyes AI legal sector

Summary by Hedgeweek

Point72 founder Steve Cohen is making another major play in the artificial intelligence space, this time targeting the legal sector with his investment firm, Point72 Private Investments, leading a $75m funding round for Luminance, according to a report by Observer. The London-based startup uses AI to streamline contract drafting and negotiations. Cohen, who boasts a net worth of $21.3bn and owns the New York Mets, has been a vocal advocate for A…

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Private Equity Wire

Point72 founder eyes AI legal sector

Point72 founder Steve Cohen is making another major play in the artificial intelligence space, this time targeting the legal sector with his investment firm, Point72 Private Investments, leading a $75m funding round for Luminance, according to a report by Observer. The London-based startup uses AI to streamline contract drafting and negotiations. Cohen, who boasts a net worth of $21.3bn and owns the New York Mets, has been a vocal advocate for A…

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Private Equity Wire broke the news in 2 days ago on Friday, February 21, 2025.

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