After months of speculation, Nvidia has made it official: the chipmaker signed memorandums of understanding with six of the world's biggest financial institutions to mobilize $500 billion in third-party capital for AI infrastructure.
The partners — Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR — will independently underwrite AI infrastructure and provide capital at attractive rates to Nvidia's customers, from frontier AI labs to enterprises and governments. The announcement, made after US markets closed on Monday, came after a Financial Times report during the session briefly sent Nvidia shares down more than 2%.
"We began by building chips; today, we are helping create a new class of productive, investable infrastructure: AI factories," founder and CEO Jensen Huang said in the announcement.
The mega-deal effectively turns Nvidia's compute buildout into an investable asset class, letting customers fund data centers without tapping their own balance sheets. It also deepens Nvidia's already extraordinary financial footprint: the company is separately in talks to backstop roughly $250 billion of OpenAI's planned data-center borrowing, and in July unveiled a $500 billion-plus data-center initiative with South Korea's SK Group.
Global AI infrastructure spending is widely expected to exceed $1 trillion in 2026 alone, and the new financing engine positions Nvidia not just as the dominant chip supplier but as the central financial kingmaker of the AI boom. The partnerships remain subject to final agreements, Nvidia said.
