Nvidia lines up $500 billion in financing as CEO Jensen Huang tells CNBC his chips are ‘investable asset’

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

Nvidia, Wall Street Firms Strike AI Financing Deal Targeting $500 Billion  WSJ

A group of financial firms, including Apollo Global and Blackstone, is working with Nvidia to put together a US$500 billion funding package for AI infrastructure development, a person familiar with the matter told Reuters on Monday.

Larry Ellison Overtakes Jensen Huang As 7th-Wealthiest Person In The World As Nvidia Shares Fall  Forbes

Nvidia, Wall Street firms partner on $500 billion AI financing venture, source says  Reuters

Read a summary of this article on FAST. Get bite-sized news via a newcards interface. Give it a try. Click here to return to FAST Tap here to return to FAST FAST Aug 10 : A consortium of financial groups including Apollo Global and Blackstone are working with Nvidia to assemble a $500 billion funding package for AI inf

A bricklayer builds a wall at a construction site in Kuala Lumpur Reuters A version of this story originally appeared in the BI Tech Memo newsletter. Sign up for the weekly BI Tech Memo newsletter here. The build-versus-buy debate around business software has a new calculator. Last year, I wrote about how AI coding t