Wed. Feb 11th, 2026

[xAI in Reuters] Apollo, xAI near $3.4 billion deal to fund AI chips, The Information reports


Feb 9 (Reuters) – Apollo Global Management (APO.N), is close to finalizing a roughly $3.4 billion loan to an investment vehicle that plans to buy Nvidia (NVDA.O), chips and lease them to Elon Musk’s xAI, The Information reported on Monday, citing a person familiar with the matter.

Read more here.

By uttu

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