FT
Nvidia prepares AI ‘inference’ chip launch to counter rising challengers
Nvidia is set to unveil a new AI inference chip at its GTC event next week, as CEO Jensen Huang moves to defend the company's dominance amid a growing field of competitors. The launch signals a strategic pivot in the AI hardware market, where spending is shifting from the expensive, compute-intensive work of training models to the more efficiency-driven task of running them. With rivals increasingly targeting the inference segment, Nvidia is making clear it intends to own that transition too.
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Fortune
The $265 billion private credit meltdown: How Wall Street’s hottest investment craze turned into a panic
Private credit, once Wall Street's most coveted asset class, is facing a reckoning as redemption requests surge and liquidity strains mount across major players including Apollo, Ares, Blue Owl, and KKR. The crisis, which threatens to unwind a $265 billion market built on the promise of steady returns and low volatility, has drawn alarming comparisons to a bank run from insiders. What began as an alternative lending boom now risks becoming a stress test that the industry's infrastructure was never designed to pass.
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