Carlyle CEO Schwartz Says Strong US Data Means Fed Unlikely to Resume Hiking; Firm Joins MIT Generative AI

Carlyle Group held a meeting attended by about 400 investors at its headquarters in Washington. Carlyle Group is a private fund management institution with 485 billion US dollars in assets under management. During the meeting, Carlyle announced that it has joined the MIT Generative AI Impact Consortium.

Carlyle Group and the research consortium will carry out a two-year research project examining how large language models can be used for portfolio management and investment decisions. According to the statement, Carlyle has decades of investment experience and proprietary data covering private markets. In recent years, alternative asset management companies have been applying artificial intelligence within their own operations and across their portfolio companies to improve efficiency, while establishing partnerships with major artificial intelligence laboratories to access the latest models and investing in artificial intelligence-related assets such as data centers and power generation facilities.