Universal Music is launching an AI music platform with ElevenLabs6m ago One resignation turned the embers of AI fear into a wildfire15m ago Nintendo's latest sale is 'made possible' by the tariff refunds it's hoarding43m ago Instagram now lets you add tagged photos to your profile grid44m ago Meta Announces Muse AI Agent for Personal Tasks and Organization44m ago AI agents are flooding public services with new requests50m ago Apple’s first foldable is the iPhone Duo, and it costs $1,99951m ago An Anthropic researcher just quit, saying OpenAI and Anthropic are 'gambling with our lives'52m ago Anthropic Is Building a Huge Surveillance System to Spy on Anti-AI Activists and Predict Their Activities1h ago Antioch raises $32m to test robots in simulation before they touch hardware1h ago OpenAI’s Bubeck denies trying to cut Anthropic mathematician from credit1h ago 10 of the scariest AI villains in movie history1h ago Maven Robotics wants to steal your robot deployment deal1h ago Agent Security Is Not AI Governance: Why Conflating The Two Is A Risk Enterprises Can't Afford1h ago

Universal Music is launching an AI music platform with ElevenLabs6m ago One resignation turned the embers of AI fear into a wildfire15m ago Nintendo's latest sale is 'made possible' by the tariff refunds it's hoarding43m ago Instagram now lets you add tagged photos to your profile grid44m ago Meta Announces Muse AI Agent for Personal Tasks and Organization44m ago AI agents are flooding public services with new requests50m ago Apple’s first foldable is the iPhone Duo, and it costs $1,99951m ago An Anthropic researcher just quit, saying OpenAI and Anthropic are 'gambling with our lives'52m ago Anthropic Is Building a Huge Surveillance System to Spy on Anti-AI Activists and Predict Their Activities1h ago Antioch raises $32m to test robots in simulation before they touch hardware1h ago OpenAI’s Bubeck denies trying to cut Anthropic mathematician from credit1h ago 10 of the scariest AI villains in movie history1h ago Maven Robotics wants to steal your robot deployment deal1h ago Agent Security Is Not AI Governance: Why Conflating The Two Is A Risk Enterprises Can't Afford1h ago

Chips & Compute AI Research3 min reading time

Wall Street giants hand Nvidia $500B to fund boom in AI projects

Hacker NewsPublished 29 days ago

Nvidia has secured $500 billion in capital from major Wall Street investors including Apollo, BlackRock, and Goldman Sachs to fund AI infrastructure projects. This financing will support Nvidia's own initiatives and those of its partners, focusing on data centers and chip manufacturing to meet growing AI demand. Nvidia's GPUs are widely used by leading tech companies, fueling a surge in AI investment and the company's market value.

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CEO Jensen Huang went on an AI deal spree in August. Nvidia plans to invest $18 billion more this fiscal year.
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#ai-infrastructure #apollo #blackrock #blackstone #brookfield-partners-lps-goldman-sachs-kkr #data-centers #gpu-manufacturing #nvidia

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