Nvidia enlists six asset managers to mobilize over $500B for AI compute

Nvidia signed memorandums of understanding with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR to create compute-financing platforms targeting more than $500 billion of third-party capital for data centers and GPU purchases. These are MOUs with final agreements still unsigned, and Nvidia holds an option to provide up to $125 billion of the total, roughly a quarter. Jensen Huang is framing Nvidia compute as an investable asset with long-duration, usage-linked revenue — moving AI buildout funding onto private credit, and partly onto the chip supplier financing demand for its own chips.

Source: nvidianews.nvidia.com ↗