Quartz·2 min read·medium
Nvidia is teaming with Wall Street's biggest names on a $500 billion AI financing push
✦AI Summary
Nvidia has partnered with several major financial institutions, including BlackRock and Goldman Sachs, to establish AI computing as a new financeable asset class. This $500 billion initiative aims to scale the infrastructure required for AI development.
The chipmaker signed MOUs with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR to treat AI compute as a financeable asset class
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