Nvidia is collaborating with six financial institutions to develop funding platforms aimed at raising more than $500 billion (€433 billion) in third-party capital for AI infrastructure.
On Monday, the chipmaker signed letters of intent with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR. These firms will establish independent financing platforms for AI infrastructure within the Nvidia ecosystem.
Instead of companies purchasing GPUs directly, specialized capital pools will be created to finance compute at what Nvidia calls “attractive rates.” According to the company, Nvidia compute is ideally suited for this role: it is widely adopted, interchangeable between customers and operators, and has a longer lifespan thanks to CUDA software.
CEO Jensen Huang refers to the DSX AI factories that are to be built using these structures. The company did not provide any specific commitments or a timeline.
Huang sets his sights on AI factories
“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,” says Huang.
The role of financier is not new, however. Through Nvidia Financing Solutions, Nvidia already offers lease and monthly payment plans for customers purchasing DGX systems. What’s changing is the scale.
The partnerships have been formalized in memorandums of understanding. Final agreements have yet to be signed.
Tip: Apollo and xAI are nearing a $3.4 billion deal for Nvidia chips