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The Next Wave of Private Credit

[ad_1] The collapse of First Brands demonstrates some of the challenges of private credit, while its use continues to expand. With standard cash-flow-based lending to corporate borrowers slowing, private equity firms and other private credit lenders are looking to collateral as a financing basis. That collateral, while typically consisting of …

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OpenAI says it’s fixed ChatGPT’s em dash problem

[ad_1] OpenAI says ChatGPT will now ditch the em dashes if you tell it to. The telltale sign that supposedly signals text written by AI has popped up everywhere in recent months, including in school papers, emails, comments, customer service chats, LinkedIn posts, online forums, ad copy, and more. The …

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Algeria: Ambitious Goals, Investor Skepticism

[ad_1] Africa’s largest country offers opportunity for investors willing to navigate heavy bureaucracy and an unpredictable business environment. In July, Baladna, a Qatari firm famous for raising cows in the desert, signed a $500 million deal with Algeria’s National Investment Fund to launch the first phase of a $3.5 billion …

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