Nvidia partners with Wall Street giants to raise $500 billion for AI buildout

Nvidia partners with Wall Street giants to raise $500 billion for AI buildout Juby Babu and Isla Binnie Mon, August 10, 2026 at 6:34 PM GMT+2 1 min read NVDA BLK By Juby Babu and Isla Binnie Aug 10 (Reuters) - Nvidia said on Monday it has partnered with six major financial ‌institutions to launch compute financing platforms aimed at raising over $500 ‌billion in third-party capital for AI infrastructure. Nvidia CEO Jensen Huang said on X that ​the company has the option to backstop up to $125 billion, or 25% of the poential deals. The move highlights how surging demand for AI computing capacity is drawing institutional investors, as governments, companies and startups race ‌to build out data ⁠centers to support AI workloads.

Big Tech companies have signaled that spending on AI would not slow down, ⁠with combined outlays set to surpass $730 billion this year. Nvidia signed memorandums of understanding with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR for the ​financing platforms. The ​initiative is intended to broaden ​access to Nvidia-based infrastructure among ‌frontier AI developers, enterprises, governments and cloud providers, while creating longer-duration, usage-linked investment opportunities for large asset managers and private capital firms.

"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. Nvidia ​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 $500 billion.

The Financial Times had reported the development first on Monday, later confirmed by ​Reuters. (Reporting by Isla Binnie ‌in New York and Juby Babu in Mexico City, additional ​reporting by Max A.