Wall Street pledges $500 billion for AI infrastructure financing
Nvidia CEO Jensen Huang unveiled a major financing initiative with Goldman Sachs, BlackRock, Blackstone, KKR, Apollo, and Brookfield collectively committing to raise $500 billion—potentially more—for AI infrastructure construction and deployment. Huang characterized AI systems as a new asset class, describing them as productive, long-lived, fungible, and flexible revenue-generating investments. The partnership represents a significant shift in AI infrastructure financing, moving beyond corporate balance sheets to structured Wall Street investment vehicles.