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Nvidia teams up with Wall Street asset managers on $500 billion AI infrastructure push

The consortium would back AI data centers, power and chip purchases as Nvidia seeks to widen access to scarce computing capacity.

  • On Aug 10, Nvidia partnered with financial firms Apollo Global and Blackstone to assemble a $500 billion funding package for AI infrastructure development, a person familiar with the matter told Reuters.
  • Big Tech companies signaled that spending on artificial intelligence will not slow down, with combined outlays projected to surpass $730 billion this year, driving demand for massive capital investment.
  • The Financial Times reported the funding group includes BlackRock, Global Infrastructure Partners, Brookfield Asset Management, Goldman Sachs, and KKR, negotiating to partner with Nvidia on the large-scale build-out.
  • Nvidia shares fell over 3% in afternoon trading, while BlackRock and KKR declined to comment to Reuters; the deal could be announced as early as today.
  • This effort follows Nvidia's $25 billion bond issuance announced in June, which increased liquidity for the first time since 2021, demonstrating the company's sustained capital-raising strategy.
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The artificial intelligence boom faces a new phase marked not only by the technological career, but also by the enormous challenge of financing the infrastructure needed to sustain it. Big techs accumulate long-term investment commitments of $2.7 trillion, while the debt market begins to demand higher returns ... Continue reading "Nvidia doubles its commitment to AI with Wall Street: 500,000 million to build the 'factories' of the future"

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All this by treating its own products as investment vehicles instead of purchasable products, thereby completely rethinking the financing of artificial intelligence. Or further inflating the AI bubble.

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The Motley Fool broke the news in Alexandria, United States on Monday, August 10, 2026.
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