Nvidia (NVDA.US) receives a $500 billion financing commitment from Wall Street, raising concerns over the "cyclical financing" of AI again.
According to the Zhitong Finance APP, NVIDIA (NVDA.US) announced on Monday that it has signed a memorandum of understanding with six financial giants: Apollo Global Management, BlackRock, Blackstone, Brookfield Asset Management, Goldman Sachs, and KKR, to establish an independent computing power financing platform. The goal is to mobilize over $500 billion in third-party capital for AI infrastructure development in the long term. NVIDIA founder and CEO Jensen Huang stated in a joint interview, This is indeed the first time that technology chips have become an investable asset class.
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