CoinDesk·3 min read·medium

Nvidia’s $500 billion AI infrastructure push leaves crypto compute further behind

O
Omkar Godbole
Nvidia’s $500 billion AI infrastructure push leaves crypto compute further behind
AI Summary

Nvidia has partnered with six major financial institutions to create financing platforms aimed at treating AI computing infrastructure as a bankable asset class. By shifting the perception of AI hardware from a depreciating tech expense to a revenue-generating infrastructure asset, Nvidia hopes to secure long-term demand for its GPUs.

Nvidia said Monday it has signed memorandums of understanding with six Wall Street heavyweights – Apollo Global Management, Blackstone, BlackRock, Brookfield Asset Management, Goldman Sachs and KKR – to set up financing platforms that could eventually tap more than $500 billion in third‑party capital.

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