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Wall Street Giants Join Forces with Nvidia on $500 Billion AI Financing Deal
A group of Wall Street giants is partnering with Nvidia to assemble a massive $500 billion funding package for AI infrastructure development.
The consortium, which includes Apollo Global, Blackstone, and BlackRock's Global Infrastructure Partners, among others, aims to raise capital for the chips, power generation, and data centers that underpin the AI boom.
Nvidia is working with these financial groups to secure funding for its AI-related projects, as highlighted by a report from the Financial Times on Monday.