AI news
Apollo, a prominent investment firm managing over $730 billion in assets, is launching a new tokenized private credit fund in collaboration with Securitize, a specialist in security tokens.
Investors concerned about the substantial expenses major technology firms are incurring in artificial intelligence didn't find much comfort from Microsoft after it revealed its latest financial performance on Wednesday.
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According to the US Copyright Office, generative artificial intelligence outputs created from text prompts, even detailed ones, are not protected by current copyright law.
Today, tokenization firm Securitize has announced a partnership with alternative asset manager Apollo Global, which manages assets totaling $512 billion, to tokenize one of its funds.
Andrew Pierce serves as the senior vice president of discovery and development at a company that positions itself as the “first end-to-end AI biotech.” However, he openly admits to having limited knowledge of artificial intelligence.
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