Nvidia partners with Wall Street giants to raise $500 billion for AI infrastructure

Nvidia announced on Monday that it has teamed up with six major financial institutions to launch compute financing platforms aimed at raising more than $500 billion in third-party capital for AI infrastructure. The initiative marks one of the largest efforts yet to channel institutional investment into the physical backbone of the artificial intelligence boom.

The company has signed memorandums of understanding with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR to establish the financing platforms. Nvidia said the arrangements would "create dedicated pools of capital at significant scale at attractive rates" for its customers, broadening access to Nvidia-based infrastructure among frontier AI developers, enterprises, governments and cloud providers.

Nvidia CEO Jensen Huang said on X that the company has the option to backstop up to $125 billion, or 25 percent, of the potential deals. "These financing platforms will help customers access scarce compute at scale and build the AI factories that will power every industry and country in the age of AI," Huang said.

The move underscores how surging demand for AI computing capacity is drawing institutional investors into the data center ecosystem, as governments, companies and startups race to build out facilities to support AI workloads. Big Tech companies have signaled that spending on AI would not slow down, with combined outlays set to surpass $730 billion this year.

For large asset managers and private capital firms, the platforms offer longer-duration, usage-linked investment opportunities tied to the growth of AI infrastructure. The company did not disclose the financial terms, investment commitments by individual firms, or a timetable for deploying the planned $500 billion.

The Financial Times reported the development first on Monday, later confirmed by Reuters.