Nvidia Teams Up with Financial Giants on $500B AI Infrastructure Push
Nvidia has partnered with six leading financial institutions to spend over $500 billion on building artificial intelligence infrastructure, according to an announcement from the technology company.
The partners include Goldman Sachs, KKR, Apollo Management, BlackRock, Brookfield and Blackstone. This massive investment is said to be funded by 'third-party capital.'
Nvidia's plan is not without precedent in the tech industry. Companies like Amazon and Microsoft have also made significant investments in AI infrastructure.