AI Matters
Why it matters
SpaceX secures $40 billion GPU financing deal with Apollo
TechCrunch SpaceX locks in $40B GPU financing deal with Apollo
SpaceX partnered with Apollo on a $40 billion deal to finance compute hardware and expand its artificial intelligence initiatives.
Why it matters
Alternative financing arrangements allow large tech firms to secure expensive hardware needed to train massive AI models.
Latest brief · Oct 28, 2026