Amazon stock price at $210: OpenAI $50 billion deal puts AWS Trainium in focus

Amazon.com Inc ended Friday at $210, up 1%. Investors are eyeing a new OpenAI partnership that has the potential to boost demand for both Amazon Web Services and its Trainium chips.

Apollo’s $3.4B xAI chip lease puts Nvidia demand, Broadcom’s Google TPU push back in focus

Apollo’s $3.4B xAI chip lease puts Nvidia demand, Broadcom’s Google TPU push back in focus

Apollo Global Management is nearing a $3.4 billion loan agreement for an investment vehicle that plans to acquire Nvidia chips and lease them to Elon Musk’s xAI, according to The Information on Monday. Valor Equity Partners is arranging the deal, which could be wrapped up this week, the report said. Apollo would not comment. SpaceX, Nvidia, and xAI didn’t respond to requests for comment.
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