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Hamilton Lane: AI's Biggest Returns Have Been Private

Hamilton Lane Executive Co-Chairman Erik Hirsch says much of the wealth created by the AI boom has so far accrued in the private markets, as companies stay private longer and tap increasingly deep pools of capital. With exposure to OpenAI and Anthropic through its venture and growth relationships, Hirsch discusses how investors can access private AI companies through funds, secondaries and co-investments - and why even as some of AI's biggest names head toward IPOs, going public is no longer the default path for most technology companies. He joins Ed Ludlow on "Bloomberg Tech."

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Bloomberg
Financial

Merz Warns Russia Aims to Destabilize European Continent

German Chancellor Friedrich Merz said that Russian President Vladimir Putin is seeking to not only defeat Ukraine, but to also undermine democracy in Europe and further integration. "My biggest concern is the underestimated Russian impact on our societies," Merz said Monday in an exclusive interview with Bloomberg's Francine Lacqua. "Russia is on the way to destabilize the entire political order of our European continent."

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