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

2026년 2월 9일 · Unknown · financial · 출처 Yahoo Finance

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 Information reported on Monday, citing a person familiar with the matter.

Less than ⁠a week ago, ‌Musk announced that SpaceX acquired the artificial intelligence company he ‍also leads in a deal that values the rocket and satellite company at $1 trillion and ​the AI outfit at $250 billion.

Big tech ‌companies are expected to spend more than $600 billion this year to buy advanced chips and build out massive data centers needed to deploy and train ⁠AI systems.

The investment could ​be finalized as soon ​as this week and Valor Equity Partners, a longtime investor in ‍Musk's companies, ⁠is arranging the deal, the report said.

SpaceX, Apollo and xAI did not ⁠immediately respond to Reuters requests for comment.

(Reporting ‌by Akash Sriram in Bengaluru; Editing ‌by Arun Koyyur)

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