GCM Grosvenor successfully closed its inaugural Credit Secondaries Fund, raising $1.2 billion in commitments. This fund leverages the firm's 40 years of credit investing experience and $17+ billion credit platform to invest in private credit secondaries, focusing on opportunistic corporate and asset-backed investments. The launch highlights strong investor demand for private credit secondary solutions and expands GCM Grosvenor's credit capabilities alongside primary funds and direct investing. This move positions the firm to offer diversified credit strategies with disciplined risk management to a broad investor base.
Wink, a leading visual editing brand by Meitu, introduced its AI Image Enhancer to fix blurry, noisy, pixelated, and compressed photos and Live Photos. This tool uses AI to reduce noise, sharpen images, and reconstruct missing details, helping users ...
SINTX Technologies has engaged Southern Metrics Consulting, led by veteran MedTech executive Chris Lyons, to establish and manage a Strategic Opportunity Management Program. This program aims to systematically identify and evaluate growth opportuniti...
Multiverse Computing announced that its CompactifAI-compressed Llama 3.3 70B AI model now runs efficiently on Intel Xeon 6 processors, nearly doubling throughput and halving latency compared to the uncompressed version. This breakthrough reduces the ...
project44 introduced Mo, a conversational AI supply chain analyst integrated into its platform, designed to provide fast, accurate answers by analyzing customers' own shipment data and business rules. Mo leverages the world's largest real-time logist...
Tenable Holdings has partnered with Cisco by joining its SolutionsPlus program, enabling Cisco customers to transition smoothly from vulnerability management to Tenable's advanced exposure management platform, Tenable One. This platform uses AI-power...
