Nvidia Corporation (NVDA) is once again putting itself at the center of the artificial intelligence (AI) investment boom, but this time the story goes beyond selling high-performance chips. CEO Jensen Huang says AI compute is becoming an “investable asset class,” as the company works together with some of the world’s largest financial institutions to mobilize more than $500 billion in third-party capital for AI infrastructure.
Nvidia is partnering with six major asset managers: Apollo Global Management (APO), Blackstone (BX), BlackRock (BLK), Brookfield Asset Management (BAM), The Goldman Sachs Group (GS), and KKR & Co. (KKR), to mobilize more than $500 billion in financing for AI data centers and Nvidia hardware. The initiative aims to make AI computing infrastructure a financeable, revenue-generating asset similar to commercial real estate or other long-term infrastructure.
