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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 ...
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 ...
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 ...
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