Nvidia is working with some of Wall Street’s biggest names to build financing structures that could support more than $500 billion in AI infrastructure development. The effort includes BlackRock, Blackstone, Apollo, Brookfield, Goldman Sachs and KKR, and is aimed at funding the large-scale data center expansion required to meet rising AI demand. The initiative comes as demand for AI computing capacity has outpaced supply, with generative AI adoption across enterprises driving sustained need for more data center buildout.

Building facilities equipped with Nvidia GPUs requires billions of dollars in upfront capital. A financing model of this kind could allow cloud providers and data center operators to spread those costs over time, potentially speeding deployment. By bringing in institutional capital, the structure could also reduce the burden on any single company's balance sheet.

Riot Platforms announced a 20-year agreement with AI company Anthropic worth about $9.1 billion. The deal covers 191 megawatts of computing capacity at Riot’s Rockdale facility in Texas and represents a clear shift away from the company’s origins as a Bitcoin miner.

Several crypto mining companies have been moving into AI and high-performance computing, leveraging the large-scale power infrastructure and grid connections they already control. Riot’s agreement is one of the strongest signs yet that the strategy can support long-term revenue.

Intel has increased its planned stock sale to approximately $20 billion to help finance its turnaround effort. The company is investing in advanced manufacturing and foundry operations as it tries to close the gap with Taiwan Semiconductor Manufacturing. The capital raise comes alongside billions in CHIPS Act funding that Intel is receiving to support domestic semiconductor production.

The larger equity offering will mean more dilution for existing investors, who will have to weigh that against the potential upside of Intel’s long-term manufacturing plans.

Rocket Lab reported second-quarter revenue of about $234 million, up roughly 62% from a year earlier, and said backlog reached a record $2.36 billion. Despite the growth, the stock fell after the company posted a larger-than-expected loss and said the launch window for its Neutron rocket before the end of 2026 has narrowed.

Neutron is central to Rocket Lab’s future. The reusable medium-lift rocket is designed to handle missions beyond what the company’s current Electron vehicle can support, and would position Rocket Lab to compete for payloads in a class currently served by SpaceX’s Falcon 9.

AST SpaceMobile reported second-quarter revenue of $31.5 million, below Wall Street estimates, and a loss of about $0.77 per share. Even so, the company kept its full-year 2026 revenue guidance at $150 million to $200 million.

AST said it now has 13 satellites in orbit and a backlog of roughly $1.3 billion. The company also has agreements with more than 60 mobile network operators covering over three billion subscribers. Investors are still waiting for the satellite network to move into full commercial service. The direct-to-cell satellite market is also being pursued by SpaceX’s Starlink, which has begun rolling out texting services through its own satellite constellation.

The stock fell after the report, reflecting the high expectations that continue to surround space sector names.