#apollo
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SpaceX locks in $40B to buy AI chips
The company disclosed what it calls a record-setting GPU leasing arrangement with Apollo to fund chips and data center gear.
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Apollo economist: AI brings ‘zero financial payoff’ to most companies
Torsten Slok, chief economist at Apollo Global Management, argues that outside the tech sector AI has so far made no difference to corporate America's bottom line.
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Apollo confirms data breach amid a wave of attacks on financial giants
One of the world's largest private equity funds has reported the theft of personal data from its cloud infrastructure. The breach occurred a month after a warning from Google researchers.