Apollo’s Record AI Lending Begins to Rival Banking Giants
PYMNTS | ·
Apollo Global’s lending reportedly hit a record $114 billion during the quarter thanks to its AI funding efforts. That figure marked a 50% increase over the private capital group’s second quarter lending, the Financial Times (FT) reported Tuesday (Nov. 3), as Apollo lent to artificial intelligence (AI) giants like Anthropic and Nvidia. According to the FT, Apollo has now lent more […] The post Apollo’s Record AI Lending Begins to Rival Banking Giants appeared first on PYMNTS.com .