Nvidia lines up $500 billion for AI infrastructure buildout

Nvidia assembled a group of major Wall Street firms to support $500 billion of financing for artificial intelligence infrastructure, aiming to expand access to computing capacity for its biggest customers. Apollo Global Management, Blackstone, BlackRock, Brookfield Asset Management, Goldman Sachs and KKR are part of the effort, which Nvidia said will create large capital pools at attractive rates. Executives indicated the platform will focus on debt financing for projects tied to AI compute. The company gave few details on timing or deal structure, but Jensen Huang said the money would come entirely from third-party capital. The push comes as demand for data centers, power and chips drives a wave of AI spending and scrutiny over how Nvidia-linked deals are shaping valuations across the sector.