Nvidia Corp. has secured memorandums of understanding with Apollo Global Management, BlackRock, Blackstone, Brookfield Asset Management, Goldman Sachs and KKR to build financing platforms for AI data …
US investment giants Apollo Global Management, Blackstone, BlackRock, Brookfield Asset Management, Goldman Sachs, and KKR & Co are partnering with Nvidia to invest US$500 billion in AI infrastructure,…
Nvidia is working with Apollo Global Management, Blackstone, BlackRock's Global Infrastructure Partners, Brookfield Asset Management, Goldman Sachs and KKR on a $500bn funding package for AI infrastru…
Nvidia is in advanced talks with Wall Street firms including Apollo Global Management, Blackstone, BlackRock's Global Infrastructure Partners, Brookfield Asset Management, Goldman Sachs, and KKR to as…
Nvidia is partnering with Wall Street investment giants including Apollo Global Management, Blackstone, BlackRock's Global Infrastructure Partners, Brookfield Asset Management, Goldman Sachs, and KKR …
Bank of America reported that with nearly 90% of S&P 500 companies having released second quarter earnings, about 80% posted year-on-year EPS growth, placing the quarter in the 94th percentile, and th…
Apollo Global Management appointed Katia Walsh, Ph.D., as Managing Director to lead artificial intelligence initiatives across its portfolio companies, signaling a broader buildout of its AI function.…
Broadcom Inc. disclosed that Anthropic will access approximately 3.5 gigawatts of additional Google TPU-based capacity beginning in 2027, with Apollo Global Management leading a $35 billion capital pa…
Blackstone has opened early talks with investors on a second mega debt package of at least $36 billion to finance Anthropic's use of Google's custom TPU chips, according to Bloomberg. The deal follows…
Anthropic, the AI startup behind the Claude chatbot, has committed $200 billion to Google Cloud over five years for cloud services and chips, a deal representing over 40% of Google's reported cloud re…
The Washington Post reports that Big Tech's massive AI spending is straining finances, with Google spending $1.15 for every dollar of cash generated in the past three months, and five leading AI compa…
Nearly a third of workers admit to sabotaging their company's AI, according to a June 2026 survey by Software Finder, as new research from Apollo Global Management shows AI is cutting wages rather tha…
A new white paper from Apollo Global Management found that jobs with the highest exposure to AI saw an average 6.7% decline in real wage growth after 2023, while overall employment effects were not de…
Investor demand for AI-related corporate bonds has dropped sharply, with order cover ratios falling from nearly 5x in February 2026 to below 2x by July 2026, according to Apollo Global Management. The…
Anthropic's head of economics Peter McCrory published an X essay arguing AI has caused no material rise in US unemployment, directly contradicting CEO Dario Amodei's warnings of a white-collar bloodba…
Blackstone CEO Stephen Schwarzman said the firm is 'mindful' of 'excessive exuberance' in AI as the company reported Q2 distributable earnings of $2 billion, or $1.52 per share, up 26% from a year ear…
Tech stocks led a steep global sell-off as investors lost faith in the AI chip trade, with U.S. futures down 0.66% following declines in Asia and Europe. Chipmaker TSMC fell 2.63% and Netflix dropped …
Open-weight AI models trail closed-weight frontier models by approximately four months in general capability, according to the Epoch Capabilities Index, which aggregates scores from multiple AI benchm…
Kalshi is building a tool to predict the future price of computing power, according to Bloomberg. The prediction market platform will analyze weekly and monthly compute contracts using an algorithm to…
Intel Corp. is investing €5 billion ($5.7 billion) to expand its Leixlip campus in Ireland, aiming to boost production of data center processors and advance its foundry business as it competes in the …