Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, KKR to mobilize over $500bn for AI infra buildout
- The partnerships aim to establish the first compute financing platforms of their kind at global scale
- Demand for AI infrastructure accelerates as countries, governments, enterprises and startups look to drive innovation
NVIDIA has announced strategic partnerships to establish independent compute financing platforms with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR to mobilize over $500 billion of third-party capital for the buildout of AI infrastructure over time.
The partnerships aim to establish the first compute financing platforms of their kind at global scale to enable the AI infrastructure buildout across NVIDIA’s ecosystem, including leading frontier AI labs, enterprises and AI clouds, according to a press statement. Under these strategic partnerships, NVIDIA will work with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR to create dedicated pools of capital at significant scale at attractive rates for NVIDIA customers.
“The AI buildout will require unprecedented investment and a skilled workforce to turn that investment into the infrastructure that will help power future growth,” said Larry Fink, Chairman and CEO of BlackRock, in the statement. “This partnership deepens our relationship with NVIDIA, including through the AI Infrastructure Partnership, and brings together NVIDIA’s leadership in accelerated computing with BlackRock’s ability to connect long-term capital to essential infrastructure. Together, we can help deliver the compute capacity that companies need to grow and create more jobs, supporting the continued growth of the US and global economies, while creating attractive, long-term investment opportunities for our clients.”
The partnerships remain subject to execution of the final agreements.
