Get all your news in one place.
100's of premium titles.
One app.
Start reading
Euronews
Euronews
Quirino Mealha

What Nvidia's $500 billion Wall Street deal signals about the AI boom

Nvidia has recruited Wall Street to bankroll its own customers.

The US chipmaker said last week it had signed memorandums of understanding with Wall Street's largest asset managers, including Apollo Global Management, Blackstone, BlackRock, Brookfield Asset Management, Goldman Sachs and KKR to raise upwards of half a trillion dollars for AI companies to borrow against, money that will buy its chips and build the servers that run them.

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.