NextWeb · 1 min read

Six finance giants back Nvidia’s $500bn plan to fund the AI buildout

Six finance giants back Nvidia’s $500bn plan to fund the AI buildout

Nvidia has recruited six of the largest names in finance to help turn its chips into something a bank can lend against. The company announced partnerships with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR to build what it calls “compute financing platforms”, structures designed to mobilise over $500bn of third-party capital for AI infrastructure. […] This story continues at The Next Web

This is a summary aggregated from NextWeb. Read the complete article on the original site:

Read full article at NextWeb

Related stories