“It’s clear to us that the world is short compute right now, and the industry is racing to catch up,” Rob Bittencourt, partner and head of thematic investing at Apollo, tells Bloomberg Intelligence’s Alexandra Davidov and Paul Gulberg on this episode of the Tech Disruptors podcast. Bittencourt discusses why AI is becoming a private-credit story, with trillions of dollars of data-center, power, chip and infrastructure investment needed to support the next phase of adoption. He also explains how Apollo underwrites AI infrastructure risk, why hyperscaler demand and investment-grade financing matter, and how investors should separate temporary software valuation resets from true business-model disruption.