Artificial
Did anyone catch this? Nvidia put together a $500B financing deal with Wall Street to help fund AI infrastructure where they are not putting up their own money
It dropped yesterday tho that Nvidia teamed up with some major Wall Street firms on a $500 billion financing deal that connects AI companies directly with institutional capital, so they don't have to front the massive upfront costs of chips, buildings, power, and cooling themselves The six companies that Jensen chose are Apollo Global Management, BlackRock, Blackstone, Brookfield Asset Management, Goldman Sachs, and KKR According to Morgan Stanley they think that hyperscalers could spend $3....
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