Apollo bets AI startups will need debt far earlier, sees new $1T-manager opportunity

abhiadesai · x · 2026-09-22

According to The Information, Apollo — the asset manager with $1 trillion under management — expects AI startups to need debt financing much earlier in their lifecycle than the previous generation of software companies, opening up a new lending opportunity.

Commenters see this as a smart move by a top credit investor: AI companies burn cash far faster than traditional SaaS, making private credit relevant at much earlier stages of the funding cycle.

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