Symbolic imageNvidia and Wall Street line up $500bn for AI data centres
Nvidia and Wall Street firms are assembling at least $500bn for AI infrastructure. The push was announced on Monday, alongside further data-centre deals.
The chip group and Wall Street financial heavyweights, among them Goldman Sachs, want to mobilise at least half a trillion dollars, FAZ reported on Monday, 10 August. The partners aim to attract investor money on a large scale into funds that build data centres running Nvidia chip systems. Nvidia is by far the leading supplier of such chip systems for training and operating artificial intelligence, and cloud groups such as Amazon, Google, Microsoft and Meta are already putting hundreds of billions of dollars into AI data centres.
Anthropic buys its own capacity
Bloomberg reports that Anthropic has struck a $9bn deal with the cloud computing firm Riot and formed a venture for AI data centres with Macquarie and GIC.
Morgan Stanley's $1.5tn venture
Bloomberg reports that Morgan Stanley has started a $1.5tn venture for US innovation; the Wall Street Journal calls it an infrastructure initiative the bank will facilitate.
Washington eases bond rules
The SEC has exempted data-centre bonds from key securitisation rules, according to Bloomberg, which also reports a JPMorgan-led $441m debt deal for an AI infrastructure firm.
Other opinions
FAZ frames the build-out mainly as a cost that devours immense sums, while the US outlets report it deal by deal. Nikkei Asia looks instead at insurers taking on data-centre risk.