Apollo ↔ xAI: every deal
All 2 deals between Apollo and xAI: $16B in total since Oct 8, 2025, with dates, status and sources. Updated Nov 9, 2026.
Apollo → xAI
$16B
Apollo
xAIJan 7, 2026Funds & debtclosed$3.5B
Apollo funds lead $3.5 billion of financing to Valor Compute Infrastructure to buy $5.4 billion of Nvidia GB200 GPUs and lease them to an xAI subsidiary (triple net lease).
Oct 8, 2025Funds & debtreported$12.5B
Apollo and Diameter Capital arrange $12.5 billion of debt for a vehicle that buys Nvidia GPUs and leases them to xAI for 5 years (Colossus 2, Memphis). The debt is secured by the GPUs.