apollo

According to The Information, Nvidia (NVDA.O) is in talks with Apollo to transform Brightspeed's assets into AI data centers.

Goldman Sachs Group and Apollo Global Management are in talks with Wall Street investors to begin selling a portion of a roughly $40 billion SpaceX (SPCX.O) chip financing deal.

On October 26, a mining machine running on the FutureBit Apollo Solo solution mined Bitcoin block 973,262, receiving a complete block reward of 3.154 BTC and collecting transaction fees from 2,477 transactions within that block. Multiple block explorers, including mempool.space, marked the discoverer of this block as "FutureBit Apollo Solo," with its coinbase transaction containing text mentioning FutureBit and Apollo.FutureBit stated on X that the Apollo device or Solo Node assembles block templates, allocates work, and submits complete blocks using its built-in solo pool. This is at least the fourth block attributed to FutureBit Apollo Solo, with the previous three being 867,760, 881,423, and 888,737. FutureBit designs Apollo hardware for users who wish to run a full Bitcoin node and mine independently at home, with the latest model, Apollo III, achieving a maximum hash rate of 18 TH/s in turbo mode and integrating a full node.Solo mining is often referred to as "lottery-style mining" due to the extremely low probability of winning relative to block rewards. Against the backdrop of the Bitcoin network's hash rate recently being around 1,070--1,087 EH/s, the expected time for home devices with 10--18 TH/s to mine a block is still measured in centuries at current difficulty levels, but verified successful cases of solo mining continue to appear on-chain. Additionally, the next day, another miner successfully mined a solo block through CKPool Solo.

The chief economist of the American asset management firm Apollo, Torsten Sløk, released five charts, believing that AI has not yet brought significant financial returns to large American companies outside of the tech giants. The per capita revenue and profit margins of the seven tech giants continue to rise; excluding them, the 493 companies in the S&P have seen these two metrics remain basically stagnant, and the data on total factor productivity in the U.S. has not shown significant signs of AI-driven growth.Apollo cited data from the corporate payment platform Ramp, stating that among its clients, the top 10% of companies by spending contributed 99.5% of the model hosting and inference costs. Among the top 1% of companies with the highest AI spending, about 80% have venture capital backgrounds; for companies at the median spending level, this ratio is only 13%. A large amount of AI computing power consumption is concentrated in a few companies, many of which rely on venture capital support.Previous statistics from Apollo indicated that during the second quarter earnings season of 2026, 69% of S&P 500 companies had disclosed that they were actually using AI, but only 2% reported metrics for ongoing tracking of effectiveness. Another NBER study updated in October this year surveyed nearly 9,000 corporate executives from seven countries, with respondents estimating that over the past three years, AI has only improved the annual growth rate of labor productivity in companies by about 0.2 percentage points.

The U.S. SEC filings show that SpaceX has signed a binding primary financing lease commitment with Apollo Global Management.According to the agreement, Apollo will purchase GPU clusters and related equipment and lease them to SpaceX, with the total principal payments under the related lease arrangements expected to reach $40 billion.

Apollo Global Management's Chief Economist Torsten Slok stated that despite companies investing heavily in artificial intelligence, AI has not yet brought tangible returns to U.S. businesses outside the technology sector. Slok pointed out that the per capita income of employees in 493 companies in the S&P 500 index remains flat, and corporate profit margins have not seen growth.

SpaceX launched the SpaceX Super Intelligence (SI) Partner Network, with partners including Nvidia, Apollo, Databricks, and Bain Capital.

According to Bloomberg, global alternative asset management company Apollo Global Management will provide financing support for a $15 billion AI infrastructure project in Japan, further expanding its investment layout in the field of artificial intelligence.Apollo will act as a strategic investment and financing partner, participating in the project jointly promoted by UK developer RHAELM Holdings, Japan's largest power company Jera, and Dell Technologies. The project is located in Chiba Prefecture, Japan, and aims to build infrastructure to support AI computing needs.

Blockworks co-founder Jason Yanowitz shares the judgment of Apollo's chief economist: agents may trigger bank runs by aggregating household cash.The chief economist stated that agents could transfer household cash from accounts with a national average interest rate of 0.1% to accounts paying 3% to 5%, causing banks to lose a significant portion of their cheap deposits.

Torsten Slok, Chief Economist at Apollo Global Management, warned that record diesel prices could pose an inflation threat greater than the Federal Reserve expects. Slok stated that the impact of diesel-related transportation costs differs from that of gasoline prices, as it is crucial to economic activity, and price increases will be passed on to businesses and consumers. Currently, inflation levels remain above the central bank's 2% target, and Slok believes the Federal Reserve cannot view the rise in diesel prices as a temporary phenomenon.

Market news indicates that Apollo is considering raising a $9 billion loan from SoftBank to invest in OpenAI.

Uber launches Baidu's fully driverless Apollo Go in Dubai, marking the birth of the world's first multi-party cooperative autonomous driving network.

According to Jinshi, Torsten Slok, Chief Economist at Apollo Global Management, stated that if the sell-off of AI concept stocks intensifies, the recent rise of the dollar may face risks. He pointed out that international investors are actively positioning themselves in the AI theme, driving a record rolling net inflow of foreign capital into the U.S. stock market over the past 12 months, but most of these investors have not hedged against foreign exchange risks.If AI performance disappoints and leads to a decline in capital inflows, it will pose significant downside risks to the dollar.

According to the Financial Times, AI giant Anthropic has finalized a $35 billion private credit financing deal, led by private equity giants Apollo and Blackstone. The funds from this financing will be used to purchase AI chips and expand its AI infrastructure.

According to Reuters, private equity giant Apollo Global Management and Blackstone Group are bringing in more investors for a debt financing deal worth approximately $36 billion to help Anthropic build its artificial intelligence infrastructure.Insiders revealed that this debt financing will be used to purchase Google-customized TPU (Tensor Processing Unit) chips, which will then be leased by Anthropic. Broadcom, which assisted Google in developing the chips, will provide guarantees for the majority of the funds in this transaction.This move is expected to become one of the largest private credit transactions in history and may also be the largest chip financing debt transaction to date. The plan aims to provide computational power support for Anthropic by leveraging Broadcom's creditworthiness.

Decentralized Artificial Intelligence Infrastructure Protocol 0G Labs announced the launch of the "0G Apollo Accelerator," which plans to provide up to $20 million in funding support for incubating and scaling revenue-generating AI applications based on decentralized infrastructure.The accelerator is established in collaboration with the Blockchain Builders Fund (BBF). BBF is part of the Stanford University blockchain ecosystem, which includes projects such as the Stanford Blockchain Accelerator, BASS, and MS&E 447. The project is also supported by Google Cloud, with each selected team receiving a $200,000 cloud resource allocation.In addition, the wallet infrastructure platform Privy (acquired by Stripe) will provide production-grade wallet solutions for selected teams, aiming to help projects have enterprise-level computing and infrastructure capabilities from the early stages.

According to official news, the decentralized on-chain lending network Morpho Association announced a cooperation agreement with a specific affiliate of Apollo Global Management, Inc. (hereinafter referred to as "Apollo").Under the terms of the agreement, Apollo or its affiliates will acquire MORPHO tokens through public market purchases, over-the-counter (OTC) transactions, and other contractual arrangements, but the total amount of MORPHO tokens held within 48 months is capped at 90 million, and there are transfer and trading restrictions.In this collaboration, Apollo will work with Morpho to jointly support the development of the on-chain lending market on the Morpho protocol. This transaction is advised exclusively by Galaxy Digital UK Limited for Morpho.

According to Jinshi News, Apollo co-founder Josh Harris stated that appointing Waller as the Chairman of the Federal Reserve will eliminate market uncertainty.

According to Jinshi reports, Apollo's chief economist Slok said that U.S. inflation must be taken seriously, and it is expected to reach 4% by the end of the year.

ChainCatcher news, according to CoinDesk, the RWA tokenization platform Securitize is currently expanding to the Sei blockchain, with its tokenized Apollo Diversified Credit Fund (ACRED) becoming the first platform to launch on this network, marking the first time tokenized private credit has landed on the Sei blockchain.Securitize stated that other funds will also be launching on the Sei blockchain soon. According to RWA.xyz data, ACRED manages a total asset value of $112 million, complementing Apollo's private credit strategy, which covers areas such as corporate loans, asset-backed transactions, and distressed credit. The fund is limited to accredited investors and achieves cross-chain token interoperability through the cross-chain information transfer protocol Wormhole, facilitating asset movement across networks and enhancing liquidity.