Apollo Global Management predicts that the rapid expansion of artificial intelligence will drive growth in the private credit sector. The unpredictable nature of AI advancements creates opportunities for private credit firms, which can adapt more quickly than traditional lenders to meet the evolving financial needs of AI companies. John Zito of Apollo highlights the crucial role of private credit in funding this fast-paced industry.
Private credit's flexibility allows it to provide tailored financing solutions to AI startups and established companies alike. This adaptability is particularly important given the uncertainty surrounding AI's future trajectory. As AI continues to evolve, private credit is poised to play a significant role in supporting its growth by providing the necessary capital for innovation and expansion. This positions private credit as a key enabler in the AI revolution, fostering further development and deployment of AI technologies across various sectors.
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