Alongside this shift, the report shows cloud-based AI workloads are surging, causing an increase in wasted cloud spend (29%) for the first time in five years. AI has quickly moved from experimentation ...

Dual-platform recognition validates Irth's AI-powered approach to damage prevention, pipeline integrity and safer ...

Companies are no longer just buying chips. They are connecting to the larger global network of computational power capable of ...

Shares of alternative asset managers tumbled on Thursday after Blue Owl Capital Inc. restricted withdrawals from one of its retail-focused private credit funds, a fresh blow to a sector that’s faced ...

Bruce Richards, Marathon Asset Management co-founder and CEO, joins CNBC's 'Money Movers' to discuss the software sell-off, when the ongoing slump will end, and more. Got a confidential news tip? We ...

Nuveen agreed to buy U.K. asset manager Schroders SDR0.00%increase; green up pointing triangle for $13.5 billion, bolstering its business in Europe with a storied London investment house that dates ...

(Bloomberg) -- Nuveen is buying Schroders Plc in a £9.9 billion ($13.5 billion) deal, creating one of the world’s largest active asset managers with nearly $2.5 trillion of assets. The move ends more ...

Private equity firms face scrutiny over software holdings and AI risks Alternative asset managers lose almost $60 billion due to software sector shock BDCs questioned on software holdings amid market ...

The concerns about artificial intelligence risks to the software sector are continuing to weigh on alternative asset managers and direct lenders, Goldman Sachs analysts led by Alexander Blostein said ...