Nvidia 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.
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Symbolic imageNvidia and Wall Street firms including Goldman Sachs said on Monday they want to raise at least half a trillion dollars from investors for funds that build data centres running Nvidia chip systems.
Training and operating artificial intelligence requires data centres on a scale that outstrips what individual tech companies fund alone, so chip suppliers and financial institutions are channelling outside investor money into the buildout. Nvidia, by far the leading supplier of the chip systems these centres run on, is at the centre of the effort.
Nvidia and Wall Street firms are assembling at least $500bn for AI infrastructure. The push was announced on Monday, alongside further data-centre deals.
FAZ · Nikkei Asia · Bloomberg · Bloomberg