Apollo

Intel agrees to pay $14.2B to repurchase Apollo's 49% stake in the Fab 34 JV in Ireland, and plans to issue $6.5B in new debt to fund it; INTC closed up 8.84%

Intel agrees to pay $14.2B to repurchase Apollo's 49% stake in the Fab 34 joint venture in Ireland, and plans to issue $6.5B in new debt to fund it; INTC up 10%

Intel Corp., the chipmaker aiming to restore its manufacturing prowess, agreed to pay $14.2 billion to buy back half of a plant …

Source: Apollo nears a ~$3.4B loan deal to a Valor-led investment vehicle to buy Nvidia chips for leasing to xAI; through fall 2025, xAI was burning $1B+/month

Source: Apollo nears a ~$3.4B loan deal to a Valor-led investment vehicle to buy Nvidia chips for leasing to xAI; through fall 2025, xAI was burning $1B+/month

Apollo Global Management, one of Wall Street's biggest private credit firms, is nearing a deal to lend about $3.4 billion …

Software and data stocks plunge over fears that new AI developments will supplant software; ADBE fell 7.31%, CRM 6.85%, and Thomson Reuters 15.83% on Tuesday

From Legalzoom.com and Expedia to Ares and Apollo, shares of companies that sell or invest in software fell sharply on Tuesday

Uber plans to trial driverless taxis in London using Baidu's Apollo Go RT6 robotaxis, starting in H1 2026 with services available by the end of 2026

plus more than 250,000 [image] Bluesky: @chrisinparis : I'm less surprised when cities in the US allow this insanity but am surprised to see London allowing this.  Hoping it doesn't come to Paris. bsk...

Circle launches the test version of its Arc blockchain, with Goldman, BlackRock, Apollo, Anthropic, Intercontinental Exchange, and others set to trial it

Anna Irrera / Bloomberg :

Baidu and Swiss Post's PostBus plan to launch Baidu's Apollo Go autonomous vehicle service in Switzerland, testing in December ahead of rollout by Q1 2027

Meanwhile, a Bermuda-regulated bitcoin life insurance provider, raised $82M from Apollo, Bain Capital, Haun Ventures, and others, after a $40M Series A in April

Muyao Shen / Bloomberg :

Zerohash, which provides on-chain infrastructure for businesses to offer trading, stablecoin payments, and more, raised a $104M Series D-2 at a $1B valuation

Funding round draws Morgan Stanley, SoFi and Apollo, underscoring rising demand for regulated on-chain infrastructure