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Nvidia and partners aim to unlock $500bn in AI infrastructure spending
['Allan Davison']
IT-Online
Nvidia and partners aim to unlock $500bn in AI infrastructure spendingNvidia has announced strategic partnerships to establish independent compute financing platforms with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR to mobilise over $500-billion of third-party capital for the buildout of AI infrastructure over time.
Demand for AI infrastructure continues to accelerate as countries, governments, enterprises and startups look to drive innovation, economic growth and societal benefits.
We began by building chips; today, we are helping create a new class of productive, investable infrastructure: AI factories,” says Jensen Huang, founder and CEO of Nvidia.
“That is why we are bringing the world’s leading long-term capital providers together to independently underwrite AI infrastructure.
“With demand for large-scale AI compute growing significantly as adoption scales across industries, compute is fast becoming the essential layer of infrastructure and a core pillar of the Brookfield AI infrastructure strategy.”