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India’s Private Credit Surge: Shapoorji’s $3.4B Milestone

Expanding economies and bank regulatory hurdles prompt emerging-market companies to tap the private credit market. Shapoorji Pallonji Group, an Indian construction company, made its mark in financial history in May, when it took down a $3.4 billion private credit facility, shattering records for the world’s fastestgrowing big economy. Lenders included …

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Silicon Valley bets big on ‘environments’ to train AI agents

For years, Big Tech CEOs have touted visions of AI agents that can autonomously use software applications to complete tasks for people. But take today’s consumer AI agents out for a spin, whether it’s OpenAI’s ChatGPT Agent or Perplexity’s Comet, and you’ll quickly realize how limited the technology still is. …

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