Nvidia Assembles $500B Funding Package with Wall Street Giants
Nvidia is teaming up with Wall Street giants to assemble a massive $500 billion funding package for AI infrastructure, according to a report by The Financial Times.
The proposed partnership involves Apollo Global Management, Blackstone Inc., BlackRock Inc., Brookfield Asset Management, Goldman Sachs Group Inc., and KKR & Co. Inc., which would support investments in chips, power generation, and data centers needed to expand AI capabilities.
This effort follows a series of large AI infrastructure financing deals involving some of the same firms, including a $35 billion capital solution designed to support more than 20 gigawatts of compute capacity for leading AI labs through 2028.