Nvidia partners with Wall Street giants to raise $500 billion for AI buildout
Nvidia signed memorandums of understanding with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR for the financing platforms. Nvidia CEO Jensen Huang said on X that the company has the option to backstop up to $125 billion, or 25% of the potential deals.
We haven't written up this one. Economic Times Tech has the full story — the link below goes straight to it.
This story
This is one outlet's version. Read the fullest account.
- A look back at "Move 37", a watershed AI moment from AlphaGo's 2016 Go victory, as math witnesses similar breakthroughs where AI makes surprising discoveries (Ben Cohen/Wall Street Journal) wsj.com
- Nvidia teams with Wall Street firms to help finance $500 billion for AI infrastructure marketwatch.com
- Nvidia partners with Wall Street giants to raise $500 billion for AI buildout economictimes.indiatimes.com
- Nvidia is teaming with Wall Street's biggest names on a $500 billion AI financing push qz.com
- Nvidia, Wall Street firms partner on $500 billion AI financing venture, source says channelnewsasia.com
