The AI heatwave is at least a $1 trillion feast, allowing Wall Street major banks and private capital giants to put aside their differences over a cup of wine.
At a dinner hosted by some senior bankers from morgan stanley last month, a hot topic was the wealth earned through the frenzy of artificial intelligence (AI). Many giants from the private capital circle were also present at the table. Apollo Global Management Inc., ares management corp, blackstone, HPS Investment Partners, KKR Corp, and Oaktree Capital were all invited; in the corporate finance sector that has long dominated and been profitable on Wall Street, these
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