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The circular money problem at the heart of AI’s biggest deals

[ad_1] SoftBank and OpenAI announced a new 50-50 joint venture this week to sell enterprise AI tools in Japan under the brand “Crystal Intelligence.” On paper, it’s a straightforward international expansion deal. But SoftBank’s role as a major investor in OpenAI is raising questions about whether AI’s biggest deals are creating real economic value …

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11/10: The Takeout with Major Garrett

[ad_1] 11/10: The Takeout with Major Garrett – CBS News Watch CBS News Some Democrats are frustrated after colleagues crossed the aisle to end the shutdown; Texas Gov. Greg Abbott announces a bid for a fourth term. [ad_2]

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Who Provides The Capital Behind The Private Credit Boom?

[ad_1] Which investors supply the majority of the capital for private credit? The main sources of capital for private credit funds are institutional investors with long-term investment horizons and low liquidity needs. They include public and private pension funds, insurance companies, and sovereign wealth funds. Insurance companies, in particular, have …

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How Private Credit Fills The Financing Gap For Corporates?

[ad_1] How does private credit meet various financing needs for companies that often can’t access the syndicated loan market? Corporate borrowers, especially middle-market firms, have increasingly relied on private credit from private equity firms in recent years. Most of this takes the form of so-called direct lending, senior secured commercial …

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A better way of thinking about the AI bubble 

[ad_1] People often think about tech bubbles in apocalyptic terms, but it doesn’t have to be as serious as all that. In economic terms, a bubble is a bet that turned out to be too big, leaving you with more supply than demand.   The upshot: It’s not all or nothing, and even good bets can turn sour if …

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