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Future of AI

News on Artificial Intelligence in Education and Libraries

Monday, June 9, 2025

A Billionaire Is Buying Entire Businesses and Converting Them to Run With AI

You might have heard the term "private equity" thrown around lately. Private equity, or "termite capitalism," as it's been ironically called, is a sweeping term for a massive industry built around buying and flipping established companies.

ORIGINAL LINK: https://futurism.com/billionaire-ai-businesses