Nvidia just recruited Wall Street’s heaviest hitters to bankroll the AI revolution. The chipmaker announced partnerships with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR to create independent financing platforms targeting over $500 billion in third-party capital for AI infrastructure projects.

That’s half a trillion dollars earmarked for data centers, hardware installations, and what Nvidia CEO Jensen Huang calls “AI factories.” The move transforms Nvidia from a company that sells shovels during a gold rush into one that also helps finance the mining operation.

From chip seller to infrastructure financier

The partnerships are designed to establish dedicated financing pools at competitive rates, giving Nvidia’s customers access to the capital they need to build massive AI compute facilities.

Nvidia is positioning its compute hardware as a “scarce, mission-critical asset class,” one that offers broad adaptability and gets continuously enhanced through its CUDA software platform.