Nvidia teams with Wall Street firms to help finance $500 billion for AI infrastructure

Nvidia late Monday announced a partnership with seven Wall Street financial institutions designed to raise more than $500 billion of third-party capital to fund the buildout of AI infrastructure.

Nvidia, Wall Street Firms Strike AI Financing Deal Targeting $500 Billion  wsj.com

The chip giant joined six major Wall Street firms to lend more than $500 billion.

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

Nvidia partners with Wall Street giants to raise $500 billion for AI buildout  Reuters

A group of US investment giants are partnering with Nvidia on US$500 billion in funding for AI infrastructure projects, the Financial Times reported. Apollo Global Management, Blackstone, BlackRock’s Global Infrastructure Partners, Brookfield Asset Management, Goldman Sachs and KKR are among the firms in talks with Nvi

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.

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

Apollo, Blackstone and Goldman Sachs are among groups working with the chipmaker to raise capital for data centre boom

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