Category: AI

  • Nvidia partnering with firms to raise $500 billion, to build up AI infrastructure

    Nvidia partnering with firms to raise $500 billion, to build up AI infrastructure

    Nvidia has announced a partnership with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR. The partnership will raise a capital of up to $500 Billion. The raised capital will fund projects by Nvidia and its partners with its focus on the build-up of Artificial Intelligence infrastructure.

    The firms are already operating at a global scale this partnership will allow AI infrastructure to roll out throughout Nvidia with an aim to increase productivity and attract future investors.

    The partnership agreement has not yet been finalised.