Nvidia enlists Wall Street to finance AI chip demand

Nvidia has formed a financing platform with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR as it seeks to make its AI chips an “investable asset class”. The initiative is intended to expand financing options for customers buying the company’s products and support the wider build-out of AI infrastructure.

The platform is designed to mobilise over $500bn (£370bn) of third-party capital for AI infrastructure projects. The move comes as major technology companies face rising pressure from the scale of AI investment, with recent results showing Big Tech cash flows have either turned negative or are close to doing so.