Goldman Sachs California conference draws 400+ executives, spotlights AI investment

Over $20B raised, Anthropic $36B deal

In just two months, more than $20 billion has been raised for AI projects through US junk bonds, with Apollo Global Management and Blackstone leading a massive $36 billion deal for Anthropic PBC.
Away from the AI spotlight, Caesars Entertainment's $5.7 billion buyout by Fertitta Entertainment stood out as a major move, hinting that while big deals are happening, midsize private equity activity is still pretty quiet, but there's hope for a broader market comeback.