Nvidia partners with Wall Street giants to raise $500 billion for AI buildout
Nvidia partnered with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR to establish financing platforms aimed at raising over $500 billion for AI infrastructure. CEO Jensen Huang stated that Nvidia could backstop up to $125 billion, or 25% of potential deals, reflecting the increasing demand for AI computing capacity. The initiative seeks to provide access to Nvidia-based infrastructure for AI developers and create investment opportunities for large asset managers.