Artificial intelligence: Nvidia plans new mega-deal with Wall Street investors
The chip manufacturer is said to be negotiating financing for AI infrastructure worth $500 billion. Well-known funds are mentioned.
Washington. A group of large US investment companies is working together with Nvidia on financing AI infrastructure projects worth $5 billion. The Financial Times was the first to report on the matter, and Nvidia later confirmed the move. According to the report, Apollo Global Management, Blackstone, BlackRock subsidiary Global Infrastructure Partners, Brookfield Asset Management, Goldman Sachs and KKR are among the companies negotiating with Nvidia about participating in the expansion of artificial intelligence infrastructure.
The Financial Times cites unnamed sources. A corresponding agreement could be announced as early as Monday, the report said. The companies mentioned did not respond to requests for comment, according to the Financial Times. The Nvidia share fell by up to 3.2 percent at times. The tech group has already concluded deals worth several hundred billion US dollars with companies from the entire AI industry.
This has sparked suspicion among some investors that the chipmaker is artificially driving up demand and valuations in the industry through such agreements.
Translated by urgent.news. Machine-written — may contain errors; check the original before relying on it.
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