Nvidia Works With Financial Giants On $500bn AI Funding Package

Nvidia is working with large financial groups to assemble a $500 billion (£370bn) fund for AI infrastructure projects, the Financial Times reported.

A consortium including Apollo Global, Blackstone, BlackRock, Brookfield Asset Management, Goldman Sachs and KKR is working with Nvidia on the package, with an official announcement expected imminently, the newspaper reported, citing unnamed people familiar with the matter.

Image credit: Nvidia

AI build-out

Shares in Nvidia fell more than 2 percent during the day on Monday after the news was reported.

Nvidia Works With Financial Giants On $500bn AI Funding Package

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