Nvidia has partnered with six major Wall Street financial institutions to raise more than US$500bn (£370bn) for AI infrastructure.
Nvidia chief executive Jensen Huang said on X that the company has the option to backstop up to US$125bn, or 25 per cent of the potential deals.
The move comes as surging demand for AI computing capacity attracts institutional investors, while governments, companies and start-ups race to build data centres.
Big technology companies have indicated that AI spending will not slow, with combined outlays set to surpass US$730bn this year.
However, concerns remain over the link between high technology company valuations and the vast investment needed to support their ambitions.
Nvidia has signed memorandums of understanding with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR for the financing platforms.
The platforms would allow third-party investors to treat AI “compute” as an asset class.
Nvidia, which is worth US$5.3tn, counts Google, Amazon, Microsoft and Facebook owner Meta among its customers.
“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,” Huang said.
“Compute has become a critical infrastructure asset,” Joe Bae and Scott Nuttall, the co-chief executives of KKR, said in a joint statement.
Nvidia said the arrangements would “create dedicated pools of capital at significant scale at attractive rates” for its customers.
The company did not disclose the financial terms, investment commitments by individual firms or a timetable for deploying the planned US$500bn.
