US investment giants including Apollo Global Management Inc., Blackstone Inc., BlackRock Inc. and Brookfield Asset Management are partnering with Nvidia Corp. to source $500 billion in financing for artificial intelligence infrastructure.
The coalition, which also includes Goldman Sachs Group Inc. and KKR & Co., will “create dedicated pools of capital at significant scale at attractive rates for Nvidia customers,” according to a statement Monday. Nvidia Chief Executive Officer Jensen Huang said in a CNBC interview that he approached only the six firms for the commitment, and none turned him down.