Get all your news in one place.
100's of premium titles.
One app.
Start reading
Tom’s Hardware
Tom’s Hardware
Technology
Anton Shilov

Nvidia teams up with financial giants to create $500 billion AI infrastructure funds — six investment firms to enable access to long-term funding at attractive rates

Nvidia.

Nvidia late on Monday announced that it had signed memorandums of understanding with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR to establish independent financing platforms that could mobilize more than $500 billion in third-party capital to invest in AI infrastructure. Nvidia's goal is to ensure that its clients building AI data centers (which Nvidia calls AI factories) can get enough money from powerful financial companies. As a result, Nvidia will reinforce its position on the AI hardware market as the funds will exclusively finance Nvidia-based AI data centers.

Go deeper with TH Premium: AI and data centers

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.