Nvidia Joins Wall Street Consortium on $500B AI Infrastructure Financing Package

Nvidia is partnering with Apollo Global Management, Blackstone, BlackRock's Global Infrastructure Partners, Brookfield, Goldman Sachs and KKR on a $500B funding package covering chips, power generation and data centers, according to reporting from the Financial Times on August 10. The move brings outside private-credit capital into Nvidia's supply chain, softening the 'circular financing' critique that has hung over the AI buildout. Nvidia shares dropped over 3% in afternoon trading on the news.