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Monday, August 10, 2026

Nvidia, Wall Street asset managers partner on $500B AI push

by marketdash
0 comments

NVIDIA Corp. CEO Jensen Huang speaks during a joint press conference with representatives of Fujitsu Ltd., FANUC Corp. YASKAWA Electric Corp. and Kawasaki Heavy Industries Ltd. on July 16, 2026, in Tokyo, Japan.

Tomohiro Ohsumi | Getty Images

Nvidia is working with some of Wall Street’s largest asset management firms on a $500 billion effort to finance artificial intelligence infrastructure, a person familiar with the matter told CNBC Monday.

The chipmaker has enlisted Apollo Global Management, Blackstone, BlackRock’s Global Infrastructure Partners unit, Brookfield Asset Management, Goldman Sachs and KKR to assemble the capital package, according to the person, who spoke on the condition of anonymity because they were not authorized to speak publicly.

An announcement could be made as soon as Monday, the person said. The Financial Times first reported the deal.

The move highlights the growing role of private capital in financing the…

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