Private equity and private credit groups’ big bets on SaaS companies, the biggest area of PE activity in the past decade, risk being derailed by the rise of AI (Financial Times)

Financial Times:
Private equity and private credit groups’ big bets on SaaS companies, the biggest area of PE activity in the past decade, risk being derailed by the rise of AI  —  Dealmakers and lenders are facing a ‘Darwinian …

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SoftBank Group reports Q3 net profit of $1.6B after its Vision Fund posted a $2.4B gain, as a jump in the value of its OpenAI investment helped offset losses (Arjun Kharpal/CNBC)

Arjun Kharpal / CNBC:
SoftBank Group reports Q3 net profit of $1.6B after its Vision Fund posted a $2.4B gain, as a jump in the value of its OpenAI investment helped offset losses  —  SoftBank posted a $2.4 billion gain at its Vision …

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