Nvidia Plans $500 Billion AI Financing with Apollo, BlackRock, and Goldman Sachs
Nvidia reportedly prepares to announce a $500 billion AI infrastructure financing partnership with major financial institutions, aiming to help customers secure funding for GPUs and data centers.
Nvidia is poised to unveil a massive $500 billion AI financing initiative in collaboration with Apollo, Blackstone, BlackRock, Goldman Sachs, KKR, and Brookfield, CNBC reports.
The plan aims to help Nvidia’s largest customers access the debt needed to purchase GPUs, build data centers, and lock in long-term electricity capacity. This comes as technology companies increasingly tap credit markets to fund AI infrastructure.
According to sources, the announcement could arrive as soon as today. The broader AI buildout is driving a historic surge in debt issuance.
Source: The Kobeissi Letter