Nvidia lines up Wall Street giants for a $500 billion AI financing push

Nvidia has spent years selling the picks and shovels of the AI gold rush. Now it wants to help customers pay for them. The company has launched a plan to raise more than $500 billion in third-party capital to fund AI infrastructure, working alongside six of the biggest names in finance. The pitch is ambitious: treat Nvidia’s chips as collateral, and treat the data centers built around them as an asset class worth investing in. Six financial heavyweights and a chip-backed pitch The initiative was announced on August 10-11, 2026. Nvidia’s partners are Apollo Global Management, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR. The money is meant to fund data centers and GPU clusters. The target customers include AI labs and cloud service providers, the companies currently burning through capital to build out compute capacity. The central idea is that Nvidia’s chips can serve as collateral in these deals. Nvidia has packaged this computing infrastructure under its “AI factory” branding. CEO Jensen Huang has argued that the chips are becoming an “investable asset class” capable of generating revenue. The 25% safety net To make lenders more comfortable, Nvidia is putting some of ...