Nvidia has teamed up with six major financial institutions to create financing platforms aimed at raising more than $500 billion in third-party capital for artificial intelligence infrastructure, as demand for computing capacity continues to surge.
The initiative involves memorandums of understanding with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR. The platforms are intended to expand access to Nvidia-based infrastructure for AI developers, businesses, governments and cloud providers while giving institutional and private capital investors longer-term opportunities linked to computing usage.
Nvidia CEO Jensen Huang said on X that the company could backstop up to US$125 billion, or 25%, of potential deals, highlighting the scale of its commitment to supporting the financing push.
“These financing platforms will help customers access scarce compute at scale and build the AI factories that will power every industry and country in the age of AI,” Huang said.
Nvidia said the arrangements would create dedicated pools of capital at significant scale and attractive rates for its customers. It did not disclose financial terms, individual investment commitments or a timeline for deploying the planned capital.
The move comes as major technology companies continue to ramp up AI spending, with combined expenditure expected to exceed $730 billion this year. The financing push also reflects growing involvement from institutional investors as governments, companies and startups race to expand data centre capacity for AI workloads.
Reuters
