Browsing: NVIDIA

NVIDIA today announced strategic partnerships to establish independent compute financing platforms with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR to mobilize over $500 billion of third-party capital for the buildout of AI infrastructure over time.

Nvidia on Monday said it would partner with lenders to help it finance the buildout of AI infrastructure through a series of vehicles totalling more than $500 billion. The consortium, which includes Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR, will serve companies from frontier labs to hyperscalers, Nvidia said.

Nvidia is working with a group of major financial firms on a potential $500 billion financing package aimed at supporting the massive infrastructure buildout required for artificial intelligence, according to sources with FT. The group includes Apollo Global Management and Blackstone, along with BlackRock’s Global Infrastructure Partners, Brookfield Asset Management, Goldman Sachs, and KKR.