Nvidia teams with Wall Street firms to help finance $500 billion for AI infrastructure

Nvidia has partnered with six major financial institutions to raise over $500 billion in third-party capital to fund the buildout of AI infrastructure. The partners include Apollo Global Management, BlackRock, Blackstone, Brookfield Asset Management, Goldman Sachs, and KKR.

The funds will be used to support Nvidia's own projects as well as those of its partners, including the construction of new data centers and manufacturing facilities to produce AI chips. According to Nvidia's Chief Executive Jensen Huang, the initiative aims to broaden access to Nvidia-based infrastructure among AI developers, enterprises, governments, and cloud providers.

The financing platforms will create dedicated pools of capital at significant scale at attractive rates for Nvidia customers, Huang said. He also stated that the goal is to help customers access scarce compute at scale and build the AI factories that will power every industry and country in the age of AI.

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