The initiative could reshape how the enormous buildout of AI infrastructure is funded. "This is really the first time that technology chips have become an investable asset class," Nvidia founder and CEO Jensen Huang told CNBC. They're productive, they're long-lived, they're fungible, they're flexible." Apollo and Blackstone, for example, have participated in debt and equity financing involving AI developer Anthropic. Blackstone President Jon Gray compared the emerging market for AI compute financing to the way mortgage lenders view homes as financeable assets.