I tried more NSFW AI video tools than I ever thought I would. These are the only ones I actually recommend. I’ve been writing about consumer technology and video games for more than a decade at a ...

Following the exit of the Piramal family, Renuka Ramnath's Multiples PE has taken operational control of VIP Industries. Despite a massive market share collapse to 29% and a negative EBITDA margin ...

Market volatility is creating a golden opportunity for new private-equity deals—but not for untangling a global bottleneck of almost 33,000 portfolio companies waiting to be sold, industry executives ...

Things have been unexpectedly gloomy for private equity exits this year, despite earlier hopes for a resurgence in the first half. But there are signs of optimism creeping back in. The trillions of ...

MetLife Inc.’s first-quarter earnings surpassed Wall Street expectations as the insurer continued to cash in higher gains from its private equity portfolio. Variable investment income, which includes ...

OpenAI has raised more than $4 billion for a new joint venture that will focus on helping businesses adopt its artificial intelligence software, according to a person familiar with the matter. The new ...

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Drilling has begun at Pe' Sla, a sacred site in South Dakota, following the U.S. Forest Service's decision to permit exploratory sites — despite the land falling under federal protection. Authorizing ...

Private equity (PE) firms are navigating a fundamentally different value creation environment. At a basic level, PE firms generate returns for their investors by buying companies (“operating companies ...

The FT reports that OpenAI’s $500M initial equity stake, with an option for $1B more, will go into a Delaware LLC designed to accelerate AI adoption across PE portfolio companies. OpenAI is ...