Apollo Took Bets Against Software Makers Vulnerable to AI: FT
NegativeArtificial Intelligence

- Apollo Global Management has taken a bearish stance on technology firms by placing bets against the loans of several software makers deemed vulnerable to artificial intelligence, according to a report by the Financial Times.
- This development highlights a growing concern among investors regarding the sustainability of software companies in the face of rapid advancements in AI technology, potentially signaling a shift in market confidence and investment strategies within the tech sector.
— via World Pulse Now AI Editorial System

