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Apollo, Blackstone back Anthropic's $35 billion capacity expansion in new Broadcom tie-up
Apollo, Blackstone back Anthropic's $35 billion capacity expansion in new Broadcom tie-up June 9 : Apollo and Blackstone are financing a $35 billion expansion of AI computing capacity for Anthropic using Broadcom's custom chips and networking solutions as part of a tie-up between the asset managers and the chipmaker. The initial commitment will expand the Claude Code creator's AI computing capacity by one gigawatt, the companies said on Tuesday. One gigawatt is enough to power about 750,000...
Apollo Wraps Up $35 Billion Debt to Buy AI Chips for Anthropic
The Apollo Global Management LLC office during an interview on an episode of Bloomberg Wealth with�David Rubenstein in New York, U.S., on Tuesday, April 5, 2022
Apollo's Kleinman Says PE Needs to Start Capitulating on Valuations
Apollo Global Management Co-President Scott Kleinman discusses the outlook for the private equity industry. Speaking to Bloomberg's Dani Burger on the sidelines of the SuperReturn conference in Berlin, Kleinman says longer hold periods are hurting internal rates of return (IRRs) and “folks are going to have to start capitulating for sure” on valuations.
Apollo’s Shutterfly Sweetens Debt as Investors Weigh AI Risk
Brad Goreski attends Shutterfly By Design Hosted By Brad Goreski at the Glass Houses on June 17, 2015 in New York City.
Remember Apollo 9? No? Have a Look at Artemis III.
Almost forgotten now, the mission circled the Earth for 10 days, performing a series of tests with the lunar lander. What it lacked in glory it made up for in technological contributions.