Apollo Impact Mission (AIM)’s 2025 Impact Report highlights Apollo’s approach to driving scalable and measurable impact through the AIM platform.

Over the last few months, we have seen a marked shift in conversations around AI infrastructure, with debate now centered on whether the world can build enough compute fast enough to satisfy demand. Across the AI supply chain, constraints are emerging simultaneously: GPUs are scarce, memory prices are surging, TSMC capacity is effectively sold out,1 and power infrastructure has become a critical bottleneck. The result is a new form of scarcity that is beginning to reshape corporate strategy, capital allocation, and market leadership.

Public equities are near all-time highs. By most accounts, portfolios look healthy. But beneath the surface, the foundation supporting those returns has weakened as risk compensation has thinned, concentration has intensified and traditional diversification is no longer working the way it used to. For investors who held through the recent turbulence, this may be a rare opportunity to reassess portfolio allocations before the market forces action.