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World News August 11, 2026

Nvidia, Wall Street firms target $500 billion for AI infrastructure

Nvidia has partnered with six major financial institutions to create financing platforms that aim to mobilize more than $500 billion for AI infrastructure. The partners include Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR. The initiative will help AI companies, governments and cloud providers finance data centers and Nvidia-based computing systems as demand for AI power grows. Nvidia CEO Jensen Huang said AI chips are becoming a new type of investable asset, while the company stressed that the $500 billion is a target for future capital, not money already committed.

Credit : CGTN

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