Apollo is pushing to make private credit more transparent and easier to trade. The firm has now traded more than $35 billion of private credit and is putting daily valuations on an $850 billion portfolio. John Cortese, Co-Head of Corporate Credit at Apollo Asset Management, discusses the effort on Bloomberg Open Interest. (Source: Bloomberg)
Meta's Muse has topped 6.6 million downloads since its Sept. 8 launch and reached 1.8 million daily active users, as consumers show they're ready to hand over their personal information for a chance at some AI assistance.
Seema Shah, VP: Insights at Sensor Tower, discusses the growth of personal AI agents, Zuckerberg's Muse, and the broader AI market. (Source: Bloomberg)
Elon Musk's SpaceX is in talks with banks and investors to raise $40 billion to buy chips from Nvidia. Sarah Frier has more on "Bloomberg Open Interest." (Source: Bloomberg)
Alphabet Inc.’s Google and gaming tools developer Unity Software Inc. announced a new platform that will allow people to create video games from simple text prompts, marking the latest incursion of generative artificial intelligence into artistic and creative industries.
A studio led by the makers of the hit titles Sky: Children of the Light and Journey has raised $35 million in new funding to upend the viral “friendslop” genre of casual, whimsical video games played socially online.
Amazon.com Inc.’s Ring brand unveiled its first smart lock, with an innovative feature that addresses the dreaded scenario of arriving home to a dead battery.
Simon Leopold, Raymond James equity analyst, sees shares Nvidia rising to $515. The stock is trading near a record high with SpaceX reportedly in talks to raise $40 billion to buy Nvidia chips. Leopold is on "Bloomberg Surveillance." (Source: Bloomberg)
Olivia Wassenaar, Apollo's global head of infrastructure, says the firm deployed more than $20 billion in infrastructure originations in the third quarter, partnering with investment-grade companies and investing in areas including gas processing. Speaking on "Bloomberg Surveillance," Wassenaar also says the opportunity extends beyond AI data centers to the power supply, electrical grid, natural-gas infrastructure and broader industrial economy. (Corrects to clarify guest's comments in headline.) (Source: Bloomberg)
Eric Kutcher, McKinsey & Co. chair of North America, is very bullish on the US economy. He says there will be more jobs in 2035 then there are today. He says artificial intelligence is creating jobs and points out that software developers who help AI write code are in high demand. He appears on "Bloomberg Surveillance." (Source: Bloomberg)
Apollo Global Management has traded more than $35 billion since it began making markets in private credit, according to John Cortese, partner and co-head of corporate credit.
AI cloud-computing provider CoreWeave Inc. is continuing an expansion in Asia with its first data centers in India, part of a venture involving conglomerate Adani Group.
Cryptocurrencies fell on Wednesday as a wave of forced selling swept across digital-asset venues, with broader market jitters further weighing on risk appetite.
OpenAI’s ChatGPT for Teens — which the company rolled out in August as the default way for kids ages 13 to 17 use its popular chatbot — is too risky for children, according to a new report from Common Sense Media.
Elon Musk said his business empire will build and operate Terafab independently, quashing speculation about industry leader Taiwan Semiconductor Manufacturing Co. swooping in to run his ambitious chipmaking venture.
South Korea launched its homegrown Nuri rocket for a fifth time, with the expanded involvement of defense contractor Hanwha Aerospace underscoring the increasing reliance on the private sector to boost the country’s space ambitions.
Pressure to show strong distributed paid-in capital (DPI) is top of mind in the private equity space, says Isik Guven Toktamis, JPMorgan EMEA Head of Private Equity Investment Banking. "2026 has been actually been a good year for sponsored M&A. Overall, M&A volume is up by 40%, and we continue to have a very strong pipeline, of exits," she added. Guven Toktamis spoke with Bloomberg's Tom Mackenzie at the JPMorgan Tech Stars Conference in London on Oct. 6. (Source: Bloomberg)
ServiceNow's Amit Zavery remains bullish on the broader AI sector, citing strong enterprise demand for AI-powered software. The President and COO says ServiceNow continues to outperform its financial targets, thanks to a favorable outlook. He speaks with Haslinda Amin on the sidelines of Token2049 in Singapore. (Source: Bloomberg)
