Nvidia signs MOUs with Apollo, BlackRock, and five other firms to create financing platforms for AI infrastructure capital pools.
Nvidia has partnered with six major financial institutions to develop compute financing platforms targeting over $500 billion in third-party capital for AI infrastructure. The memorandums of understanding involve Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR, aiming to provide attractive-rate capital pools for AI labs, enterprises, and cloud providers.
The initiative positions Nvidia’s hardware as long-term infrastructure assets, comparable to commercial real estate or toll roads, rather than depreciating equipment. CEO Jensen Huang described the chips as “revenue-generating assets” with characteristics like productivity, longevity, fungibility, and flexibility.
Final agreements are pending, but executives from all seven firms jointly discussed the plans in a live CNBC interview. Goldman Sachs CEO David Solomon participated, signaling broad industry support for the financing model.