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NVIDIA teams up with Wall Street giants to finance over $500 billion for AI infrastructure
['Pradeep Viswanathan', 'Sanket Mungase', 'Sayan Sen']
Neowin
Since most of the investment is allocated toward GPUs, NVIDIA now wants to make it easier for its customers to finance them.
The company has announced partnerships with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR to create new financing platforms for AI compute infrastructure.
This capital will be used to finance AI infrastructure across NVIDIA's ecosystem.
Jensen Huang, founder and CEO of NVIDIA, said the following regarding this new partnership:“In AI, compute is revenue.
That is why we are bringing the world’s leading long-term capital providers together to independently underwrite AI infrastructure.