Nvidia Secures $500 Billion Financing Deal with Wall Street Firms for AI Infrastructure
Deals·2 articles across 2 outlets
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Nvidia has struck a deal with six large Wall Street firms to raise more than $500bn (£370bn) to fund the datacentres, chip factories and power stations needed to fuel the artificial intelligence push. CEO Jensen Huang argued that because its hardware is broadly adopted, flexible and transferable, lenders can underwrite compute as revenue-generating.
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“Nvidia CEO Jensen Huang argued that because its hardware is broadly adopted, flexible and transferable, lenders can underwrite compute as revenue-generating.”
CNBC — Nvidia lines up $500 billion in financing as CEO Jensen Huang tells CNBC his chips are ‘investable asset’“<p>Apollo, BlackRock, Goldman Sachs and KKR among those working with chipmaker to fund infrastructure</p><p>Nvidia has struck a deal with six large Wall Street firms to raise more than $500bn”
The Guardian — Nvidia links with Wall Street firms for $500bn AI financing deal