Apollo, xAI near $3.4 billion deal to fund AI chips, The Information reports

Feb 9 (Reuters) - Apollo Global Management is close to finalizing a roughly $3.4 billion loan to an investment vehicle that ...

Apollo Global Management, Inc. (APO) Targets Private Credit, AI, and Global Expansion

He also noted challenges in equity monetization. Apollo manages over $900 billion in assets and plans to raise $22–$25 ...

Apollo Channels Billions Into AI Data Centers And Logistics Real Estate

Apollo Global Management (NYSE:APO) has committed about $3.5b to AI data center infrastructure, including financing for xAI facilities. The firm is also leading refinancing for a large European ...

Apollo Expands Wealth Reach And AI Credit Bet With Schroders And xAI

Apollo Global Management (NYSE:APO) has agreed a partnership with Schroders to create hybrid public private market products ...
Bloomberg L.P.

Apollo Says AI Energy Gap ‘Will Not Be Closed in Our Lifetime’

The amount of energy required to supply the data centers powering artificial intelligence is so vast that meeting that need may be more than a lifetime away, according to a senior executive at Apollo ...
Benzinga.com

Apollo Leads $3.5 Billion AI Infrastructure Financing To Power Elon Musk's xAI

Apollo Global Management (NYSE: APO) has led a $3.5 billion financing package for Valor Compute Infrastructure (VCI), a fund run by Valor Equity Partners. This money will help fund a $5.4 billion ...
Cryptopolitan on MSN

Apollo nears $3.4 billion loan to fund Nvidia chips for xAI

Apollo Global Management is on the verge of finalizing a $3.4 billion loan for an investment vehicle that plans to buy Nvidia AI chips and lease them to xAI, Elon Musk’s artificial intelligence ...
News.az

Apollo, Blackstone reassure investors as AI fears hit stocks

Companies including Apollo, Ares, Blackstone and KKR have told investors their exposure to software companies is limited and ...