Apollo Global Management Considers Major Investment In Meta Platforms

According to Odaily, sources have revealed that Apollo Global Management Inc., a prominent alternative asset management firm, is in discussions to lead a $35 billion investment in Meta Platforms, a company under the leadership of Mark Zuckerberg. This investment aims to support the development of a series of data centers in the United States. Apollo is expected to be the primary financier, although the funding plan is still in the early stages of discussion. Recently, Meta announced its intention to invest up to $65 billion in artificial intelligence (AI) related fields by 2025.