Nvidia partners with six financial firms to unlock $500 billion in capital for AI infrastructure by treating chips as bankable assets.
Nvidia announced partnerships with Apollo, Blackstone, BlackRock, Brookfield, Goldman Sachs, and KKR to create compute financing platforms targeting over $500 billion in capital for AI infrastructure. The initiative aims to treat AI chips as financeable assets, similar to mortgages, to expand access to Nvidia’s hardware.
CEO Jensen Huang said Nvidia could backstop up to $125 billion, or 25% of the potential deals. The move comes as skepticism grows over AI spending, raising questions about whether this is innovative financing or a sign of industry strain.
Blackstone President Jon Gray compared AI compute to a revenue-generating asset, suggesting lenders could view it as long-lived infrastructure rather than depreciating equipment. The partnerships could widen the pool of buyers for Nvidia’s chips by reducing upfront capital requirements.