1 of 2
Story summary
- Nvidia CEO Jensen Huang announced a partnership to raise $500 billion for AI financing.
- Goldman Sachs leads, courting insurers, asset managers and banks to place the debt in public markets.
- Apollo, BlackRock, Blackstone, Brookfield and KKR pledged funding for the program.
- Nvidia may backstop up to $125 billion, or 25 % of any individual transaction.
- The financing will be asset-backed securities tied to chips and offtake contracts, with no final agreements or timeline.
1 / 2
