BusinessNvidiaTechnologyTechnology sectorUK newsUS news

Nvidia links with Wall Street firms for $500bn AI financing deal

Apollo, BlackRock, Goldman Sachs and KKR among those working with chipmaker to fund infrastructure

Nvidia ⁠has partnered with six major Wall Street financial institutions to raise ⁠more than $500bn (£370bn) capital for artificial intelligence infrastructure.

The Nvidia chief executive, Jensen Huang, said on X that the company has ⁠the option to backstop up to $125bn, or 25% of the potential deals.

Continue reading...

SUPPORT OMEGAZEPRIME

Help us keep delivering breaking news and world updates.

PayPalShop OMEGAZEPIX