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PGIM Pushes for AI Limits in CLOs to Avoid Too Much Exposure

PGIM, the asset management arm of Prudential Financial Inc., was the anchor investor on a recent collateralized loan obligation that included a novel safeguard capping the share of its AI-related debt at 15%, according to people familiar with the matter.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

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Baseten partners with OpenAI to let OpenAI enterprise customers use existing commitments for open models served by Baseten within Codex or via the Responses API (Dannie Herzberg/Baseten)

Baseten is partnering with OpenAI to serve open models natively via Codex and the Responses API. — Authors — TL;DR

  • Baseten partners with OpenAI for enterprise customers
  • OpenAI enterprise customers can use existing open model commitments
  • Baseten provides high-performance inference and scalability

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