Nvidia counts Google, Amazon, Microsoft and Facebook owner Meta among its customers. Photograph: Dado Ruvić/ReutersView image in fullscreenNvidia counts Google, Amazon, Microsoft and Facebook owner Meta among its customers. Photograph: Dado Ruvić/ReutersNvidiaNvidia links with Wall Street firms for $500bn AI financing dealApollo, BlackRock, Goldman Sachs and KKR among those working with chipmaker to fund infrastructure Business live – latest updates Kalyeena Makortoff and ReutersTue 11 Aug 2026 08.32 CESTLast modified on Tue 11 Aug 2026 09.54 CESTSharePrefer the Guardian on GoogleNvidia has partnered with six major Wall Street financial institutions to raise more than $500bn (£370bn) capital for artificial intelligence infrastructure.The Nvidia chief executive, Jensen Huang, said on X that the company has the option to backstop up to $125bn, or 25% of the potential deals.The move highlights how surging demand for AI computing capacity is drawing institutional investors, as governments, companies and startups race to build out datacentres.Big tech companies have signalled that spending on AI would not slow down, with combined outlays set to surpass $730bn this year. However, there has been concerns over the link between high valuations of tech companies and the need for vast investments to support their ambitions.Nvidia signed memorandums of understanding with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR for the financing platforms. The deal will create financing platforms, allowing third-party investors to treat AI “compute” as an asset class.Nvidia, which is worth $5.3tn, counts Google, Amazon, Microsoft and Facebook owner Meta among its customers.“These financing platforms will help customers access scarce compute at scale and build the AI factories that will power every industry and country in the age of AI,” Huang said.“Compute has become a critical infrastructure asset,” Joe Bae and Scott Nuttall, the co-chief executives of KKR, said in a joint statement.skip past newsletter promotionFree newsletter | Every weekdaySign up to Business TodayGet set for the working day – we'll point you to all the business news and analysis you need every morningPreview latestEnter your email Sign upafter newsletter promotionNvidia said the arrangements would “create dedicated pools of capital at significant scale at attractive rates” for its customers. The company did not disclose the financial terms, investment commitments by individual firms or a timetable for deploying the planned $500bn.Explore more on these topicsNvidiaTechnology sectornewsShareReuse this content
