“We are bringing the world’s leading long-term capital providers together to independently underwrite AI infrastructure,” Huang said in the statement. It would easily be among the chipmaker’s biggest financing deals with a customer. Wall Street firms have similarly poured hundreds of billions of dollars into financing the worldwide AI data centre boom, directly investing in sites and buying the companies that operate them. Nvidia has accelerated its investments and partnerships with tech and AI companies in recent months despite growing concerns about its “circular” deals. It also made a “substantial” investment in Safe Superintelligence, the AI startup co-founded by former OpenAI chief scientist Ilya Sutskever.