Apollo Is Vastly Outspending the Neoclouds on AI Chips

T1Covered by 1 source · first reported by The Information (teasers) at 04 Nov, 14:00 UTC

Last week, SpaceX’s announcement that it would lease $40 billion worth of Nvidia Vera Rubin chips was a further signal of Elon Musk’s grand ambitions in the AI race. The deal also underscores the arrival of a new big player in that competition: Apollo Global Management, a 36-year-old private equity…