Browsing: Financing

Nvidia and a group of major financial firms, including BlackRock, Apollo, Blackstone, Brookfield, Goldman Sachs and KKR, recently signed memorandums of understanding to mobilize over US$500 billion of third-party capital for AI infrastructure, reframing data centers and compute hardware as long-life assets financed through dedicated platforms rather than Nvidia’s balance sheet.

The U.S. data center market is experiencing unprecedented growth, fueled by the rapid adoption of AI, cloud computing and enterprise migration. In 2026 alone, J.P. Morgan estimates capex for hyperscalers — large—scale cloud and technology companies — will reach $697 billion. As John Servidea, global co-head of Investment Grade Finance at J.P. Morgan, said, “AI financing is the biggest…