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Point72's Turion hedge fund, launched October 2024 with $150M seed capital, manages ~$3B focused on AI hardware/semiconductors and returned ~30% in 2025 (14.2% in Q4 2024). The fund represents one of several major AI-focused hedge funds launched 2024-2025, with concentrated exposure to semiconductors and AI infrastructure companies.

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Wikipediahttps://en.wikipedia.org/wiki/Turion_(botany)

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