Nvidia partners with Wall Street giants to raise $500 billion for AI buildout

Wait 5 sec.

Nvidia ​signed memorandums of understanding with Apollo, BlackRock, Blackstone, ⁠Brookfield, Goldman Sachs and KKR for the financing ​platforms. Nvidia CEO Jensen Huang said on ‌X that the ⁠company ⁠has the option to backstop up to $125 billion, or 25% of the ​potential deals.