Nvidia, Wall Street Giants Form $500B AI Fund

Nvidia is partnering with six major Wall Street firms, including Apollo Global Management, Blackstone, BlackRock, Brookfield, Goldman Sachs, and KKR, to source $500 billion in financing for artificial intelligence infrastructure. CEO Jensen Huang said he approached only these six firms and none declined. The coalition will create dedicated capital pools to help Nvidia customers access computing resources at scale through debt financing. However, the announcement lacks details on timing and structure, and executives acknowledged many qualifying deals are already underway.