✉news ScienceSpace first seen 1 d ago, last 3 h ago, peak #1
Apollo and banks in talks to finance SpaceX's $40 billion Nvidia GPU purchase
Original: Apollo, banks in talks to finance SpaceX's $40 billion Nvidia GPU purchase
Apollo Global Management and several banks are reportedly in talks to arrange financing for SpaceX's roughly $40 billion purchase of Nvidia graphics processing units. The deal would be one of the largest equipment financings on record, underlining the enormous capital costs of Elon Musk's AI and data-center ambitions and the scale of demand for Nvidia's chips across the tech industry.
Why now: The reported financing talks are among the largest chip-purchase deals ever, tying together SpaceX, Apollo and Nvidia at a moment of intense interest in AI spending.
SpaceXApollo Global ManagementNvidiaElon Musk
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Evidence
- Apollo, banks in talks to finance SpaceX's $40 billion Nvidia GPU purchase · CNBC
- Apollo, banks in talks to finance SpaceX's $40 billion Nvidia GPU purchase · CNBC
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