Apollo's president warns the AI spending boom may not pay off for investors

US data centers alone could require $5 trillion to $6 trillion over the next five years, Jim Zelter estimates.
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 ...
U.S. News & World Report

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 plans to buy Nvidia chips and lease them to Elon Musk's xAI, The ...