NVIDIA has announced strategic partnerships with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR to establish independent compute financing platforms intended to mobilize more than $500 billion of third-party capital for AI infrastructure development over time.
The companies have signed memorandums of understanding aimed at creating dedicated pools of capital for NVIDIA customers, including frontier AI laboratories, enterprises and AI cloud providers. The planned platforms are designed to finance AI infrastructure at global scale and provide customers with access to capital for deploying NVIDIA-based computing capacity.
NVIDIA is positioning AI compute as an investable infrastructure asset that can support long-duration, usage-linked revenue while expanding demand for its hardware and software ecosystem. The company said its compute platform benefits from broad adoption across AI models and workloads and from its CUDA software ecosystem.
The initiative reflects the enormous capital requirements associated with building AI factories as governments, enterprises, technology companies and startups increase spending on accelerated computing infrastructure.
NVIDIA CEO Jensen Huang said the company has evolved from primarily building chips toward helping create what it views as a new category of productive infrastructure centered on AI factories.
The financing platforms are intended to enable NVIDIA customers to secure compute capacity at larger scale and build DSX AI factories across industries and geographic markets.
Apollo President Jim Zelter described modern compute as a scarce and mission-critical infrastructure asset capable of supporting long-term economic growth and productivity. Apollo plans to combine its long-duration capital capabilities with NVIDIA’s technology ecosystem as part of the broader AI infrastructure buildout.
BlackRock Chairman and CEO Larry Fink said AI infrastructure will require unprecedented levels of investment and workforce development. The partnership expands BlackRock’s existing relationship with NVIDIA, including through the AI Infrastructure Partnership, and is intended to connect long-term institutional capital with computing infrastructure.
Blackstone President and COO Jon Gray said the firm remains a major investor across the NVIDIA ecosystem and views the partnership as further evidence of its confidence in AI infrastructure. Blackstone manages more than $1.3 trillion in assets.
Brookfield plans to build on its existing strategic relationship with NVIDIA as it expands investment in AI factories. Brookfield CEO Bruce Flatt said compute is becoming an essential infrastructure layer as AI adoption grows across industries. Brookfield manages more than $1 trillion in assets.
Goldman Sachs expects the initiative to help develop a market for credit backed by NVIDIA compute. Chairman and CEO David Solomon characterized the current environment as a historic AI investment cycle and said NVIDIA’s full-stack platform occupies a central position in the infrastructure buildout.
KKR will bring its long-duration capital, infrastructure investment experience and capital markets capabilities to the initiative. Co-CEOs Joe Bae and Scott Nuttall said the partnership builds on KKR’s existing relationship with NVIDIA, which is a founding investor in Helix Digital Infrastructure.
The planned financing structures could broaden the investor base supporting AI infrastructure by treating accelerated computing systems more like financeable infrastructure assets rather than solely technology expenditures.
The partnerships remain subject to the execution of final agreements.
KEY QUOTES:
“NVIDIA has reached an important milestone. We began by building chips; today, we are helping create a new class of productive, investable infrastructure: AI factories.”
“These financing platforms will help customers access scarce compute at scale and build the DSX AI factories that will power every industry and country in the age of AI.”
Jensen Huang, Founder and CEO of NVIDIA
“The AI buildout will require unprecedented investment and a skilled workforce to turn that investment into the infrastructure that will help power future growth.”
“Together, we can help deliver the compute capacity that companies need to grow and create more jobs, supporting the continued growth of the U.S. and global economies, while creating attractive, long-term investment opportunities for our clients.”
Larry Fink, Chairman and CEO of BlackRock
“We’re in a pivotal moment of a historic AI investment cycle. NVIDIA’s full-stack platform is in high demand and uniquely positioned at the center of that global buildout.”
“Our investment and distribution roles reflect our confidence in NVIDIA’s leadership, and we’re excited for the new opportunity to create a market for credit backed by NVIDIA compute.”
David Solomon, Chairman and CEO of Goldman Sachs
