Apollo and xAI close in on $3.4 billion deal for Nvidia chips
Apollo may provide a $3.4 billion loan to buy Nvidia chips for leasing to xAI, enabling compute scaling and supporting SpaceX's space-based AI data centers.
Apollo pulls the plug on recruiting practice that led to JPMorgan crackdown: See the memo
Apollo, which manages $785 billion in assets, told would-be candidates for its 2027 associate class that it will not participate in recruiting for their cohort this year.