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The Guardian - UK
The Guardian - UK
Technology
Kalyeena Makortoff and agency

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

Illustration shows Nvidia logo and computer motherboard
Nvidia counts Google, Amazon, Microsoft and Facebook owner Meta among its customers. Photograph: Dado Ruvić/Reuters

Nvidia ⁠has struck a deal with six large Wall Street firms to raise ⁠more than $500bn (£370bn) to fund the datacentres, chip factories and power stations needed to fuel the artificial intelligence boom.

The Nvidia chief executive, Jensen Huang, said on X that it marked “a major milestone for Nvidia and the AI industry”, as he posted a photo of himself smiling and giving a thumbs up alongside finance bosses involved in the deal, including the head of Goldman Sachs, David Solomon.

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