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Private credit has turned from a growth opportunity to a source of worry for investors that own shares in big asset managers. Anxieties about how the rise of AI could hurt software companies that have borrowed hundreds of billions have escalated the concerns about the sector that started brewing last fall.
In recent months, investors in several high-profile private credit funds have rushed to pull money out, in some cases forcing funds to cap their withdrawals. Meanwhile, shares in big investing firms that
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The Information
An East Bay apartment complex has been bought at a price that's well below its prior value. Read more âș
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A PG&E Corp. unit has bought a San Jose building in a move to bolster the utility's South Bay operations. Read more âș
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On Wednesday, President Donald Trump claimed to have secured the release of eight Iranian women condemned to execution for protesting the regime. Only the night before, he had posted on Truth Social about the imminent executions of these women, quoting a screenshot that included a collage of eight glamorously backlit, soft-focus portraits. The photos of [âŠ] Read more âș
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Tesla CEO Elon Musk said he expects production for Optimus, the humanoid robot, to start around late July or August. Read more âș
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OpenAIâs latest image generator has thinking capabilities. ChatGPT Images 2.0 arrives one year after version 1.0, and it promises expertly curated end-to-end automation for visual tasks. Images 2.0 has the ability to research and synthesize information from the web into detailed âproduction-levelâ visuals. GPT Images 2.0 generated content OpenAI is positioning Images 2.0 as a full replacement for dedicated image editing apps, too, as it can remove backgrounds, transform aspect... Read more âș
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The mystery of what kind of CEO John Ternus will be for Apple may already have been solved by his own words. Read more âș
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Also, Musk owns up to a broken promise and vows to spend an unbelievably large amount of money to make up for it. Read more âș
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Elon Musk reveals details about TeraFab: Intel provides technology, Tesla builds pilot line, SpaceX constructs high-volume fab. Read more âș
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But you may soon be able to take it in for an upgrade at something called a "mini-factory." Read more âș
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Scientists at UC Irvine have found a way to potentially reverse age-related vision loss by targeting the ELOVL2 âaging geneâ and restoring vital fatty acids in the retina. Their experiments in mice show that supplementing with specific polyunsaturated fatty acidsânot just DHAâcan restore visual function and even reverse cellular aging signs. Read more âș
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People tend to look at tires' ride quality and how they wear, but tires also contribute a lot to gas mileage. What are some good fuel-efficient tire options? Read more âș
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Elon Musk delayed the new Tesla Roadster release yet again, saying it could be coming "in a month or so." Read more âș
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AI startup STCH has raised $7 Mn (about âč66 Cr) in its Pre-Series A funding round led by Omnivore, along⊠Read more âș
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Buyers are in a race to secure a dwindling supply of shares in Anthropic, driving the AI company's valuation on some platforms to $1 trillion. Read more âș
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Google surprised us a bit this afternoon with the release of Android 17 QPR1 Beta 1 for its Pixel line-up. This update will come after the first stable build of Android 17 is released, which should happen soon now that we have received the final beta of that. For those not up-to-date on what the... Read the original post: Google Releases Android 17 QPR1 Beta 1 for Pixel Read more âș
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The company behind Dungeons & Dragons has its official answer to Critical Role in its new show Dungeon Masters, which airs weekly on YouTube. Read more âș
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The proposed class action lawsuit says the company stands to benefit twice from the now-voided import duties. Read more âș
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The OnePlus Ace 6 Ultra will be unveiled on April 28 (thatâs Tuesday next week). Last week, the company posted details on the Ace Awakening design, which features the word âAceâ etched on the back of the device in a way that creates a 3D effect. Now OnePlus has revealed another look for the Ace 6 Ultra called âMetal Stormâ. Itâs a combination of a metal frame with a matte... Read more âș
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The Information
Taiwan Semiconductor Manufacturing Company on Thursday expects revenue to grow by more than 30% this year, raising its outlook from the forecast it gave in January, as demand for AI chips continues to surge and outruns supply. TSMC, which manufactures the majority of the worldâs most advanced ... Read more âș
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Taiwan Semiconductor Manufacturing Company on Thursday expects revenue to grow by more than 30% this year, raising its outlook from the forecast it gave in January, as demand for AI chips continues to surge and outruns supply. TSMC, which manufactures the majority of the worldâs most advanced ... Read more âș
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Google is negotiating an agreement with the Department of Defense that would allow the Pentagon to deploy Googleâs Gemini AI models in classified settings, according to two people with direct knowledge of the discussions. If the two parties come to an agreement, it would expand Googleâs connection to the Pentagon as a tech contractor and represent a significant reversal from the companyâs past stance on working with the military. The... Read more âș
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Earlier this week, Google DeepMind released Gemini Robotics-ER-1.6, a new vision and language model to help robots make sense of their surroundings. To show off its capabilities, Boston Dynamicsâwhich has an agreement to use Gemini in its humanoid robotsâpublished a video of its robot dogs using the model to read a thermometer during an inspection of an industrial facility.Despite the eye-catching demos, Googleâs new robotics model only notched incremental gains... Read more âș
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SpaceX subsidiary xAI will rent computing power from its data centers to the coding startup Cursor, Business Insider reported. Cursor plans to use tens of thousands of xAIâs chips to train its latest AI coding model, according to the report. The arrangement could help SpaceX, which acquired xAI ... Read more âș
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Meta Platforms is raising prices for its virtual reality headsets by $50 to $100 each, citing rising global memory chip costs. The company said Thursday in a blog post that its Meta Quest 3S, first released in 2024, will now cost $349.99 for the 128GB model and $449.99 for the 256GB modelâboth ... Read more âș
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Microsoft has so far seen mixed results in its efforts to sell AI-powered products to businesses, with only around 3% of its Office 365 users paying to use 365 Copilot as of the end of last year. But a seemingly niche AI product released last fall by its subsidiary LinkedIn has taken off as a surprise hit. And Iâm told that leaders elsewhere at Microsoft are now taking note. Read more âș
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Netflix reported 16% higher revenue of $12.25 billion in the first quarter, slightly above its projections, and revealed that founder and former CEO Reed Hastings would leave the board this spring. Hastings had stepped down as CEO three years ago, becoming executive chairman, although ... Read more âș
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E-commerce veteran Marc Lore hasnât been shy about his food delivery startupâs IPO aspirations. In recent months, he has written on the whiteboards in Wonderâs Midtown Manhattan office the date when it should be IPO-ready: March 31, 2027, according to a person close to the company.First, however, the company will try to tap private investors once more. The eight-year-old owner of restaurant delivery service Grubhub and meal kit service Blue... Read more âș
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Upbeat signals about the AI business are proliferating. The latest was chipmaking giant Taiwan Semiconductor Manufacturing Co.âs first-quarter report on Thursday, showing revenue growth of 40.6%, above the top end of its projected range. The company raised its full-year growth rate to above 30%. According to TSMC CEO C.C. Wei, âAI-related demand continues to be extremely robust.â Wei said he based that assessment both on comments from TSMCâs customersâit makes... Read more âș
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22.04.2026 22:03
Last update: 21:55 EDT.
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