HQNvidia has struck deals with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR, some of the biggest banks on Wall Street, in order to invest $500 billion into artificial intelligence. According to Nvidia, this is the first time AI hardware and infrastructure has been treated as an asset class. "Compute has become a critical infrastructure asset. As we've scaled our approach to digital infrastructure, we've learned that delivery, not ambition, is the hard part," said Joe Bae and Scott Nuttal, co-CEOs at KKR (via BBC News). Big tech has collectively spent over a trillion dollars USD in three years on AI infrastructure, with more spending expected as it continues its bet on the technology.