Private Markets

Brookfield Oaktree Holdings LLC‘s (NYSE:OAK)Oaktree Capital Management saw redemption requests in its private credit fund drop by nearly half in the second quarter. • OAK-B stock is trading in a tight range. What should traders watch with OAK-B? The Oaktree Strategic Credit Fund...

Anthropic reran its "Project Fetch" robotics test and found its newer Claude models could outperform the previous generation.  In its latest write-up, Anthropic detailed three trials using Claude Opus 4.7 inside Claude Code, with a researcher mainly connecting a laptop to the robot, entering...

Goldman Sachs (NYSE:GS) and Morgan Stanley (NYSE:MS) are organizing separate banking teams to work on potential stock market debuts by OpenAI and Anthropic. The move aims to prevent sensitive information from crossing between two direct competitors. The two banks reportedly expect to be involved...

OpenAI has hired former White House artificial intelligence adviser Dean Ball, adding a policy-focused hire in a new team buildout. Ball will join OpenAI on July 6 as a leader of a new unit called Strategic Futures, he announced in a blog post on Substack. Ball will report to Chief Strategy Officer...

Anthropic CEO Dario Amodei has called upon G7 leaders to collaborate on the implementation of advanced AI tools in the wake of a U.S. export block on his company’s latest model. Amodei made his plea in front of President Donald Trump and other G7 leaders at a summit in Évian-les-Bains,...

GIC Pte tapped investment banking firm Evercore Inc. to advise on a potential divestment of private credit fund assets. Singapore's sovereign wealth fund has been allocating to private credit for years and is now considering selling a portion of those positions as they mature, according to...

PayPal Holdings Inc. (NYSE:PYPL) is closing down PayPal Ventures, its decade-old corporate investing group. The unit's staffing has dwindled to just two people, down from more than 10 late last year. PayPal has also been weighing secondary-market sales of some venture stakes and brought in...

Artificial intelligence firms OpenAI and Anthropic have been hiring from Salesforce Inc. (NYSE:CRM) this year at a rapid clip, with LinkedIn profiles pointing to close to 100 moves since the start of 2026. Anthropic has hired 45 Salesforce employees over the last six months, and OpenAI has added 40...

Canada Pension Plan Investment Board (CPP Investments) has entered into a strategic partnership with CtrlS Datacenters Ltd., a data center operator in India, committing up to $715 million to scale its digital infrastructure footprint. The partnership "aims to speed up the development of next-...

The U.S. Department of Justice stepped into a legal fight over Elon Musk‘s xAI and the natural gas turbines powering its Southaven, Mississippi, data center, urging a judge to toss the case. Federal lawyers argued that blocking the turbines would, in their view, endanger U.S. national,...

OpenAI's confidential IPO filing is drawing fresh attention after a report said the ChatGPT maker posted a sharply larger loss in 2025, alongside massive spending tied to building and running AI systems.  OpenAI's net loss expanded to about $39 billion in 2025 from $5 billion in 2024, The...

Defense technology startups have attracted a record $14.6 billion in venture funding during the first five months of 2026, surpassing the previous full-year record before the calendar even reached June. At the center of the frenzy are two of the industry’s biggest names: Anduril Industries...

Databricks has agreed to acquire Panther Labs for an undisclosed price to expand the data company's footprint in cybersecurity. The San Francisco-based company positioned the deal as a step toward competing with larger rivals CrowdStrike and Splunk, Reuters reported. Panther Labs was last valued at...

Elon Musk has become the world's first trillionaire with the successful initial public offering (IPO) of Space Exploration Technologies Corp. (NASDAQ:SPCX). The company's public debut has now raised questions about whether we will see an IPO for Starlink, a subsidiary of SpaceX. Here's What...

Anthropic faces a new lawsuit from a paying customer who alleges the company’s Claude Max subscriptions provide far less access than users were promised. According to Engadget and the Wall Street Journal, plaintiff Karl Kahn, a Washington, D.C., resident, alleges the effective caps for the...