Apollo Global Reduces Exposure to Software Sector Amid AI Concerns
Apollo Global Management has significantly cut its investments in the enterprise software sector and has shorted loans related to firms vulnerable to artificial intelligence. This strategic shift reflects growing concerns about the potential threats posed by AI to technology companies, as reported by the Financial Times.
Apollo Global Reduces Exposure to Software Sector Amid AI Concerns
Apollo Global Management has significantly cut its investments in the enterprise software sector and has shorted loans related to firms vulnerable to artificial intelligence. This strategic shift reflects growing concerns about the potential threats posed by AI to technology companies, as reported by the Financial Times.
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