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...Anthropic is part of a new wave of young companies developing generative AI systems, sophisticated computer programs that can parse and write text and create art in seconds, that are rivalling those being...
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...to a proposed $59.5m deal for parts of the ailing finance company that it had been trying to strike for most of the past fortnight.Apollo had been interested in Greensill’s intellectual property and IT systems...
...Apollo has made a $59.5m cash offer for Greensill’s intellectual property and IT systems that would involve it taking on “the majority” of the more than 500 employees of its UK business Greensill Capital...
...The group had no interest in taking on any financing for Greensill’s largest customer, industrialist Sanjeev Gupta’s GFG Alliance, people familiar with the matter have said....
...Greensill has about $5bn of exposure to GFG Alliance, the group of companies run by metals magnate Sanjeev Gupta which has defaulted on its obligations It has “no conceivable way” of repaying a $140m loan...
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