Nvidia has been arguably the No. 1 profiteer of the AI boom, selling the picks and the shovels of the trade. But now it wants Wall Street to figure out how to keep paying for them.
On Monday, Nvidia announced partnerships with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR to create financing platforms intended to mobilize more than $500 billion for AI infrastructure. The money will largely come from “third-party investors,” allowing Nvidia customers to finance chips and data centers while keeping Nvidia’s own risk limited and off the balance sheet.
