Nvidia partners with six global financiers to mobilise over $500 billion for AI infrastructure

The financial institutions noted that the partnerships would support the expansion of AI compute capacity as demand grows across industries.Nvidia on Monday said it has partnered with six global financial institutions to establish independent compute financing platforms that aim to mobilise more than $500 billion of third-party capital for artificial intelligence (AI) infrastructure over time.The chipmaker has signed agreements with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR to establish financing platforms to support the buildout of AI infrastructure across Nvidia’s ecosystem, including AI labs, enterprises and AI cloud providers.Under the partnerships, Nvidia will work with the financial institutions to create dedicated pools of capital for its customers, the company said in a statement.The platforms are intended to broaden access to AI compute infrastructure and enable long-duration, usage-linked revenue models, while supporting Nvidia’s hardware sales and software adoption.The company also said the partnerships are aimed at establishing compute financing platforms at global scale and creating an investable asset class around AI infrastructure.“Nvidia has reached an important milestone.

We began by building chips; today, we are helping create a new class of productive, investable infrastructure: AI factories,” said Jensen Huang, founder and chief executive officer of Nvidia.Huang said compute is becoming a revenue-generating asset in AI and that Nvidia’s compute is suited to financing models because of its adoption across models and workloads, transferability across customers and operators, and the role of its CUDA software ecosystem in extending its useful life.Apollo president Jim Zelter said modern computing has emerged as a scarce and mission-critical asset class with investment characteristics that could support long-term economic growth and productivity gains.BlackRock chairman and CEO Larry Fink said the partnership would bring together Nvidia’s accelerated computing capabilities with BlackRock’s ability to connect long-term capital with infrastructure.The financial institutions noted that the partnerships would support the expansion of AI compute capacity as demand grows across industries.The proposed partnerships remain subject to execution of final agreements, Nvidia said.