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Private Debt Firms Roil Asset-Based Loans as Liquidity Heroes

(Bloomberg) -- Private credit firms are extending their reach into the more than $260 billion global asset-based lending business, seizing on a pause by some traditional Wall Street banks to take on more corporate debt.Most Read from BloombergBillionaire Sternlicht Sees ‘Category 5 Hurricane’ Spurred by Fed Rate HikesApple Tests ‘Apple GPT,’ Develops Generative AI Tools to Catch OpenAISelloffs, Inequality, China Tension: Here Are the Next Big RisksNadella’s Mic...
United States Brian Gerson Larry Klaff Bloomberg Businessweek Steve Kavulich Dan Pietrzak
Source: yahoo.com

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Cisco Doubles Down on Generative AI, SSE, Cloud App Security

Cisco took its first major step toward realizing its secure cloud vision in April with the debut of a new extended detection and response platform. The next set of enhancements around generative AI, secure access and defending applications across multiple clouds debuted Tuesday at Cisco Live 2023.
United States Controlsmichael Novinson Michaelnovinson Jeetu Patel Security Operations Center Information Security Media Group Generation Technologies Secure Development

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