Tag: Wall Street

BusinessDefenseGovernment

Pentagon Seeks Private Equity Partnerships for $150 Billion Military Modernization

The US Army is turning to Wall Street’s largest private equity firms to help finance a massive $150 billion infrastructure modernization. Army Secretary Daniel Driscoll has convened meetings with firms including Apollo, Carlyle, and KKR to develop creative funding solutions for critical defense projects.

Military Seeks Private Capital for Infrastructure Overhaul

The US Army has reportedly approached several major private equity groups to help fund what sources describe as a $150 billion infrastructure modernization program. According to reports, Army Secretary Daniel Driscoll and Treasury Secretary Scott Bessent met with approximately 15 Wall Street firms last week, including Apollo Global Management, Carlyle Group, KKR, and Cerberus Capital Management.

by Natalie Brooks
AITechnology

AI’s True Business Revolution Still Ahead as Most Firms Stuck in ‘Light Bulb’ Phase, Analysts Suggest

** The current AI investment boom with its high failure rate mirrors historical technology adoption patterns, sources indicate. While chatbots generate headlines, the real business transformation will come from re-engineering core operations around AI capabilities, similar to how factories eventually redesigned around electric power. **CONTENT:**

The AI Adoption Curve: Beyond the Chatbot Hype

by Natalie Brooks