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Nvidia taps Wall Street asset managers for $500 billion AI buildout

The proposed effort would mobilize private capital for AI infrastructure projects at a scale of about $500 billion, according to coverage of talks.

Reported · Written up by our desk · Trade & Tariffs

Nvidia is in talks with major Wall Street asset managers about a large-scale package to fund artificial intelligence infrastructure projects totaling $500 billion, according to reporting cited by the Financial Times.

CNBC Markets says the capital plan underscores the growing use of private funding to cover the costs of the AI boom.

The group of firms discussed includes Apollo Global Management, Blackstone, BlackRock’s Global Infrastructure Partners, Brookfield Asset Management, Goldman Sachs, and KKR, the Financial Times reported, as summarized by SCMP Economy.

CNBC Finance also characterized the initiative as a sign of how private capital is increasingly expected to help finance AI infrastructure demand.

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