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Apollo Screens Software Investments for AI Risk
Bloomberg Tech·
Apollo Global Management is now evaluating all new software investments for potential disruption by artificial intelligence. This proactive measure aims to address growing investor concerns that rapid AI advancements could render existing businesses obsolete. By assessing AI's impact, Apollo seeks to mitigate risks and ensure the long-term viability of its portfolio companies in an increasingly AI-driven market landscape. The firm's strategy reflects a broader trend among asset managers to incorporate technological disruption assessments into their investment due diligence processes.
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ai
investment
risk
Original Source
Bloomberg Tech — bloomberg.com