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The chipmaker signed MOUs with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR to treat AI compute as a financeable asset class
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Nvidia $NVDA announced partnerships Monday with six major financial institutions to establish compute financing platforms aimed at mobilizing more than $500 billion in third-party capital for AI infrastructure buildout over time.
Nvidia formalized the arrangements through memorandums of understanding with Apollo, BlackRock $BLK, Blackstone, Brookfield, Goldman Sachs $GS, and KKR. Through the arrangements, each firm will assemble capital pools at rates Nvidia characterized as attractive, with intended beneficiaries spanning frontier AI labs, enterprises, and cloud providers. The partnerships remain subject to execution of final agreements, the company said.
