Apollo, xAI near $3.4 billion deal to fund AI chips: Report

Apollo, xAI near $3.4 billion deal to fund AI chips: Report

  • Business
  • February 10, 2026
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The investment could be finalised as soon as this week and Valor ⁠Equity Partners, a longtime investor in Musk’s ​companies, is arranging the deal, the ⁠report said

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