HVAC Biz Valued At $10B After Apollo Backing, More Rumors

By Jade Martinez-Pogue ( May 28, 2026, 4:08 PM EDT) -- Private equity giant Apollo took a stake in home services company Apex Service Partners to value it at $10 billion, chipmaker Groq Inc. is hoping to raise $650 million to launch a new company focused on artificial intelligence "neoclouds," and semiconductor company Qualcomm inked a supply deal with TikTok owner ByteDance....

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