Tech

Nvidia partners to raise $500 billion for AI

Nvidia teams with Wall Street firms to raise $500 billion for AI infrastructure development

Published

3 weeks ago

August 12, 2026

Harvey Vargas

Nvidia teams with Wall Street firms to raise $500 billion for AI infrastructure development

In Short:
– Nvidia partners with six financial institutions to raise over $500 billion for AI infrastructure.
– CEO Huang announced Nvidia could support $125 billion of potential deals.

Nvidia has partnered with six major financial institutions to raise over $500 billion for AI infrastructure.CEO Jensen Huang announced the company could backstop up to $125 billion, or 25%, of potential deals.

Funding AI projects

The initiative aims to attract institutional investors focused on AI computing capacity.

Big Tech firms anticipate that AI spending will exceed $730 billion this year.

Nvidia has signed memorandums of understanding with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR for the financing platforms.

The financing platforms intend to provide broader access to Nvidia-based infrastructure for AI developers and cloud providers.

Huang stated that this initiative would enable customers to access necessary computing resources to build AI factories across various industries.

The initiative is expected to create investment opportunities for large asset managers and private capital firms.

Nvidia did not disclose specific financial terms, investment commitments, or a timeline for the $500 billion goal.

The Financial Times originally reported on the development, which was later confirmed by Reuters.

NVIDIA JUST STOPPED SELLING CHIPS AND STARTED SELLING AN ASSET CLASS.

Jensen Huang sat on CNBC surrounded by the CEOs of BlackRock, Blackstone, Brookfield, KKR, Goldman Sachs and Apollo.

Six of the largest capital allocators on Earth. One table.

His line: Nvidia used to build… https://t.co/ZAcTt76CzA pic.twitter.com/TpLUfXSc1D

— Sancho (@Sancho_Wizard) August 11, 2026