The article says that private equity firms are changing the way they do business. They used to borrow a lot of money to buy companies, but now they want to focus on making those companies better and more valuable. They will use smarter computer programs called AI to help them with this. This will make some people who understand AI very successful in 2024. Read from source...
1. The title is misleading as it implies that private equity will revive in 2024 only for those who understand AI, while the rest of the article discusses various factors and themes affecting PE in general, not just AI.
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