Nvidia Anchors a US$500 Billion Financing Push for AI Data Centres

United States · TECHNOLOGY Key Facts —Financing stack: Nvidia is anchoring a US$500 billion-plus AI infrastructure financing ecosystem with Wall Street firms including Apollo, BlackRock, and KKR. —Ohio project: Nvidia is reportedly discussing a US$250 billion backstop for an OpenAI data centre campus in southern Ohio,

The money will be used to develop new data centres to house, operate, and cool miles of stacked computer chips that process AI data and actions.

The capital package highlights the growing role of private capital in financing the costs of the artificial intelligence boom.

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The race to finance the U.S. data centre boom is forcing banks and asset managers to confront an added risk: political and community opposition.