Nvidia partners with Wall Street giants to raise $500 billion for AI

Nvidia partners with Wall Street giants to raise $500 billion for AI

Nvidia announced a partnership with six major financial institutions, including BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR, to launch compute financing platforms aimed at raising over $500 billion in third-party capital for AI infrastructure. The initiative seeks to broaden access to Nvidia-based infrastructure for developers, enterprises, governments, and cloud providers, while offering long-term investment opportunities. Nvidia CEO Jensen Huang emphasized the platforms' role in building AI factories. Financial terms and deployment timelines were not disclosed.

Source: Reuters

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