Apollo Global Management has offered to invest up to $5 billion in Intel, giving the chipmaker a confidence boost in its turnaround strategy and presenting an alternative to a potential takeover by Qualcomm. Intel has been struggling with declining sales and a loss in stock value, but recent deals, including a multibillion-dollar AI semiconductor partnership with Amazon, signal a potential recovery. Qualcomm's interest in acquiring Intel could lead to one of the biggest-ever tech M&A deals, but it faces regulatory and financial hurdles. Apollo's investment would help Intel maintain independence and continue its transformation. Source: Economictimes

Specs: - Snapdragon XR2 Gen 2 - Touch Plus controls - Larger size than Quest 3 - Lower screen resolution than Quest 3 - Lower viewing angle than Quest 3 - No depth sensor - Slightly better battery than Quest 3 Pricing: - 128GB - $300 - 512GB - $500 (Introductory price)