Nvidia partners with Wall Street asset managers on $500 billion AI infrastructure financing push

Published Aug 10, 06:58 PM UTC

Nvidia is partnering with major Wall Street asset management firms, including Apollo Global Management, Blackstone, BlackRock's Global Infrastructure Partners, Brookfield Asset Management, Goldman Sachs, and KKR, to assemble a $500 billion capital package for financing artificial intelligence infrastructure. The initiative, which could be announced as early as Monday, highlights the growing role of private capital in funding the AI boom. For Nvidia, the effort aims to help its largest customers secure financing for high-end GPUs, power-hungry data centers, and long-term electricity capacity. Alternative asset managers have been increasingly deploying capital into digital infrastructure, with firms like Apollo and Blackstone already structuring debt and equity financing for AI companies such as Anthropic.