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US Business · cnbc.com · Thursday, 13 August 2026

Wall Street banks pledge $500 B to fund Nvidia’s AI compute boom

Nvidia teamed with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR to create financing platforms that could channel over $500 billion of third‑party capital into data‑center and GPU purchases. By treating AI compute like infrastructure, the deal could unlock massive funding but also inflates corporate debt and sparks worries about a new AI‑driven credit bubble.

Read the source: cnbc.com ↗In the 13 August issue →