Nvidia Secures $500 Billion from Wall Street Giants for AI Infrastructure Buildout

Nvidia has partnered with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR to raise $500 billion for AI infrastructure, marking the first time Wall Street is treating AI compute as an asset class.

Nvidia has pulled off what may be the largest AI infrastructure financing in history, teaming up with six Wall Street titans — Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR — to mobilize over $500 billion (£370 billion) in capital for artificial intelligence infrastructure.

The deal marks a watershed moment: for the first time, major institutional investors are treating AI hardware and infrastructure — what the industry calls "compute" — as an independent asset class, alongside real estate, energy, and traditional equities.

"In AI, compute is revenue," Nvidia chief executive Jensen Huang said in a statement. "We are bringing the world's leading long-term capital providers together to independently underwrite AI infrastructure."

The financing will fund the construction of new data centres to house, operate, and cool the miles of stacked computer chips that process AI data and actions. It will also back new factories to manufacture the AI chips needed to power these systems and increase their availability to buyers.

Virtually every major technology and AI company uses Nvidia's graphics processing units (GPUs) to power their services, including Google, Meta, Amazon, Microsoft, SpaceX, Tesla, OpenAI, and Anthropic. These companies have already spent hundreds of billions in just three years on AI projects and infrastructure, driving Nvidia's stock market value up fivefold in the same period.

"Nvidia is absolutely enormous and produces these chips that everybody needs for AI, and it needs to keep facilitating the growth of AI," Jane Sydenham, senior investment manager at Rathbones, told the BBC.

The announcement represents Nvidia's evolution from a chip manufacturer to a central architect of the global AI economy, positioning itself not just as a supplier but as the financial engine driving the infrastructure layer beneath the entire industry.

Sources: BBC, NVIDIA Newsroom, Neowin