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Nvidia links with Wall Street firms for $500bn AI financing deal

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Guardian Business
Nvidia links with Wall Street firms for $500bn AI financing deal
Apollo, BlackRock, Goldman Sachs and KKR among those working with chipmaker to fund infrastructure Nvidia ⁠has partnered with six major Wall Street financial institutions to raise ⁠more than $500bn (£370bn) capital for artificial intelligence infrastructure. The Nvidia chief executive, Jensen Huang, said on X that the company has ⁠the option to backstop up to $125bn, or 25% of the potential deals. Continue reading..…
11 Aug, 06:32
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FT UK
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Wall Street giants partner with Nvidia on $500bn AI financing deal
Apollo, Blackstone and Goldman Sachs are among groups working with the chipmaker to raise capital for data centre boom
10 Aug, 16:41
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