Nvidia has struck agreements with six of the world's largest financial firms — Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR — to raise more than $500 billion in third-party capital dedicated to building AI infrastructure.

Announced on Monday, the partnerships will establish independent compute financing platforms designed to provide Nvidia customers with dedicated pools of capital. The targeted customers include frontier AI labs, enterprises, and AI cloud providers, all of whom need financing for data center construction and the deployment of Nvidia hardware. As AI models scale and training costs climb into the billions of dollars per run, access to affordable compute has become a defining competitive bottleneck alongside chip supply and power availability.

Nvidia CEO Jensen Huang described the initiative as a milestone in the company's broader AI strategy. "We began by building chips; today, we are helping create a new class of productive, investable infrastructure: AI factories," Huang said in a blog post. "These financing platforms will help customers access scarce compute at scale and build the AI factories that will power every industry and country in the age of AI."

The deals also mark what Nvidia described as the first time AI hardware and infrastructure have been elevated to an "investable asset class," signaling a broader shift in how the industry values and deploys compute capacity. By creating structured financing vehicles alongside Wall Street, Nvidia is embedding its hardware deeper into long-term infrastructure commitments, reinforcing its ecosystem advantage at a time when rivals such as AMD and custom silicon efforts are intensifying competition.

Wall Street leaders echoed that framing, characterizing compute as an asset of growing strategic and financial significance.

"The AI buildout will require unprecedented investment and a skilled workforce to turn that investment into the infrastructure that will help power future growth," BlackRock CEO Larry Fink said in a statement. "Together, we can help deliver the compute capacity … [to support] the continued growth of the U.S. and global economies."

Goldman Sachs CEO David Solomon struck a similar tone. "We're in a pivotal moment of a historic AI investment cycle," he said in a statement. "Nvidia's full-stack platform is in high demand and uniquely positioned at the center of that global buildout."

The announcement comes amid a surge in capital commitments from AI companies and cloud providers toward data centers, power generation, and accelerated computing. An IEA report released in April found that capital expenditure by five large technology companies exceeded $400 billion in 2025 and is projected to rise by an additional 75% in 2026, driven primarily by data center investment. The IEA also flagged tightening bottlenecks around electricity supply, with data center power consumption surging even as grid constraints and energy availability become limiting factors for new builds.

Nvidia noted that the partnerships remain subject to the execution of final agreements.