Nvidia seeks Wall Street partnerships to finance AI boom with $500B capital target

Nvidia, the world’s most valuable public company at roughly $5.3 trillion, has decided that selling the most sought-after chips on the planet isn’t enough. Now it wants to become the matchmaker between Wall Street’s mountains of capital and the AI industry’s insatiable appetite for data centers. The company announced memorandums of understanding with six heavyweight financial firms: Apollo Global Management, BlackRock, Blackstone, Brookfield Asset Management, Goldman Sachs, and KKR. The goal is to create independent “compute financing platforms” designed to funnel more than $500 billion in third-party capital toward AI infrastructure like data centers and chip factories. How the financing structure works Nvidia wants to help treat AI compute hardware and infrastructure the way investors already treat toll roads, pipelines, and power plants: as long-duration, revenue-generating assets that can be financed through institutional capital. Under this framework, Wall Street firms would finance the hardware and facilities, then lease compute capacity to frontier AI labs, enterprises, and cloud providers. The financial firms earn steady returns. The AI companies get access to compute witho...