Nvidia links with Wall Street firms for $500bn AI financing deal
by Kalyeena Makortoff and agency from World news | The Guardian on (#77KJE)
Apollo, BlackRock, Goldman Sachs and KKR among those working with chipmaker to fund infrastructure
Nvidia has struck a deal with six large Wall Street firms to raise more than $500bn (370bn) to fund the datacentres, chip factories and power stations needed to fuel the artificial intelligence boom.
The Nvidia chief executive, Jensen Huang, said on X that it marked a major milestone for Nvidia and the AI industry", as he posted a photo of himself smiling and giving a thumbs up alongside finance bosses involved in the deal, including Goldman Sachs boss David Solomon.
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