Nvidia to team with Wall Street on US$500 billion package for AI infrastructure projects

A group of US investment giants are partnering with Nvidia on US$500 billion in funding for AI infrastructure projects, the Financial Times reported. Apollo Global Management, Blackstone, BlackRock’s Global Infrastructure Partners, Brookfield Asset Management, Goldman Sachs and KKR are among the firms in talks with Nvidia on a deal to invest in the AI buildout, the Financial Times reported, citing unidentified sources. The deal may be announced as soon as Monday, the Times said. The named firms...