BBC News·2 min read·medium
Nvidia gets $500bn from major banks for AI build out - BBC
✦AI Summary
Nvidia has secured $500 billion in financing from major financial institutions including BlackRock and Goldman Sachs to expand its AI infrastructure. This marks a shift where investors are prioritizing AI hardware as a primary asset class.
The chipmaker said it had struck deals with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR, and that the investors were for the first time treating AI hardware and infrastructure, o…
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