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

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.
Get the full story
Sign up for Headlinne to unlock AI insights, political bias analysis, and your personalized news feed.
Create free accountAlready have an account? Sign in