WASHINGTON, Jan. 8 -- Apollo, New York, announced that Apollo-managed funds have spearheaded a $3.5 billion capital solution to facilitate a massive $5.4 billion data center infrastructure transaction. This financing supports Valor Compute Infrastructure L.P., a fund managed by Valor Equity Partners, in its acquisition and lease of specialized compute hardware to a subsidiary of xAI Corp.

The assets involved include NVIDIA GB200 GPUs, which are intended to power one of the most adva . . .

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