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OpenAI is reportedly in talks to invest up to $1.5 billion in a private-equity joint venture. The aim of this new company is to assist private equity-owned businesses with the deployment of artificial intelligence technology.
Intel to Pay $14 Billion to Buy Back Apollo Stake in Ireland Plant
Intel Corp. will pay $14.2 billion to Apollo Global Management to buy back half of an Ireland plant stake that it previously sold.
Can Yahoo Be Saved? How Apollo Is Rebuilding an Internet Icon
Jim Lanzone, CEO of Yahoo since September 2021, stated that Yahoo's products needed modernization despite having large audiences. Apollo is attempting to rebuild Yahoo.
Apollo Announces Launch of Apollo Sports Capital :: Apollo Global Management, Inc. (APO)
Apollo Global Management has launched Apollo Sports Capital (ASC), a new platform dedicated to sports and related industries. ASC will be led by CEO Al Tylis and Co-Portfolio Managers Rob Givone and Lee Solomon, with Sam Porter serving as Chief Strategy Officer.