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Apollo Global nears $3.4B loan to lease Nvidia chips to Elon Musk’s xAI: report
Apollo Global Management is close to finalising a roughly $3.4 billion loan to an investment vehicle that plans to purchase Nvidia chips and lease them to Elon Musk-led artificial intelligence company ...
Fast Company
SpaceX Is buying xAI—and turning the rocket company into an AI infrastructure giant
Elon Musk is merging his rocket maker SpaceX with his artificial intelligence startup xAI in a deal that changes what a future SpaceX IPO represents. Bloomberg reports that the merged company is ...
Elon Musk's SpaceX acquiring AI startup xAI ahead of potential IPO
Musk is combining rocket maker SpaceX with his AI startup, the largest tie-up in his expansive business portfolio.
Reuters
Apollo, xAI near $3.4 billion deal to fund AI chips, The Information reports
Feb 9 (Reuters) - Apollo Global Management (APO.N), opens new tab is close to finalizing a roughly $3.4 billion loan to an investment vehicle that plans to buy Nvidia (NVDA.O), opens new tab chips and ...