Mmastodon TechnologyAI first seen 16 h ago, last 16 h ago, peak #5
Apollo to finance $15 billion AI infrastructure project in Japan
Original: Apollo Global Management is set to provide financing for a $15 billion AI infrastructure project in Japan, accelerating
Apollo Global Management is set to provide financing for a $15 billion artificial intelligence infrastructure project in Japan. The deal marks an acceleration of the private asset firm's push into the AI sphere, underlining how major investment firms are channeling large sums into the computing capacity and data centers needed to power the booming AI industry.
Why now: Major private capital flowing into AI infrastructure highlights the scale of the global AI investment race.
Evidence
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