Nvidia’s CEO Jensen Huang announced the chipmaker has just secured $500bn from big Wall Street names – Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR.

The money treats AI hardware and data‑centre “compute” as a new investment asset. It will back the building of fresh data hubs, factories that spit out GPUs, and the cooling logic that keeps the chips running non‑stop.

Many of the world’s biggest companies—Google, Meta, Amazon, Microsoft, Tesla, SpaceX, OpenAI and Anthropic—depend on Nvidia GPUs for all their AI products. Collectively they have already spent over $1tn on AI infrastructure in three years, and spending is set to rise.

This pool of capital lets Nvidia and its partners accelerate the rollout of AI “factories” and turn compute into a key driver of long‑term economic growth.

The grab came as a snapshot of how tech and finance are merging: investors see the new AI metal— GPUs and data‑centres— as a next‑gen asset that can shape the future economy.

Nvidia CEO Jensen Huang standing in front of a screen with the company logo