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

Ai • February 9, 2026

billion-deal-to-fund-chips-he-nformation-reports'>Apollo, xAI near $3.4 billion deal to fund AI chips, the Information reports is drawing significant interest across the industry.

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...

Experts suggest this could influence future trends and innovation in the sector.

More updates are expected as the story develops.


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