Wall Street banks are turning to US leveraged loans to finance the AI buildout, with QTS Realty Trust LLC, a Blackstone Inc. unit, tripling a proposed loan to $3.25 billion and scrapping a $1 billion …
Norm Ai, an AI legal startup, raised $120 million in a funding round led by Khosla Ventures, valuing the company at $1.2 billion. The startup operates its own law firm, Norm Law, which charges clients…
Apollo Global Management and Blackstone Inc. have finalized a $35 billion deal to acquire a stake in Anthropic, the artificial intelligence company behind the Claude chatbot. The investment marks one …
Apollo Global Management and Blackstone Inc. have finalized a $35 billion funding deal to support Anthropic’s expansion in AI infrastructure, including computing and data centers. The investment aims …