Private credit’s software blind spot sparks fresh fears for  trillion sector

Private credit’s software blind spot sparks fresh fears for $3 trillion sector

Private credit markets are facing fresh uncertainty as AI-driven tools start to pressure software companies, a major borrower group for private lenders. The software industry came under renewed pressure last week after artificial intelligence firm Anthropic unveiled new AI tools, sparking a sell-off in software data provider shares. The AI tools, developed by Anthropic, are…

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PEN America names Summer Lopez and Clarisse Rosaz Shariyf as permanent CEOs

PEN America names Summer Lopez and Clarisse Rosaz Shariyf as permanent CEOs

NEW YORK — NEW YORK (AP) — PEN America announced Thursday that interim CEOs Summer Lopez and Clarisse Rosaz Shariyf have been appointed to permanently oversee the century-old literary and free expression organization. “Summer and Clarisse have been the guiding force behind PEN America’s extraordinary literary programming and robust defense of free expression,” Dinaw Mengestu,…

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