ع
Nvidia has formed partnerships with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR to channel the capital into artificial intelligence infrastructure while treating compute as a distinct asset class for investment purposes for the first time. Jensen Huang, chief executive of Nvidia, said in the announcement, “In AI, compute is revenue.” He added that the company was bringing the world’s leading long-term capital providers together to independently underwrite AI infrastructure, according to a BBC News report published Monday. The arrangement will finance both Nvidia-led initiatives and projects pursued by its ecosystem partners amid accelerating adoption of AI technologies across industries.
The funding is earmarked for building data centres designed to house operate and cool extensive arrays of graphics processing units together with new production facilities for the advanced chips that power AI systems. Joe Bae and Scott Nuttall co-chief executives of KKR stated in a joint release, “Compute has become a critical infrastructure asset.” The KKR leaders noted that as they have scaled their approach to digital infrastructure they have learned that delivery not ambition is the hard part.
Major technology companies that rely on Nvidia GPUs including Google Meta Amazon Microsoft SpaceX Tesla OpenAI and Anthropic have together spent more than $1tn on AI projects and infrastructure in the past three years the BBC News report showed. This expenditure has driven a fivefold rise in Nvidia’s stock market value over the same period. A McKinsey assessment found that AI-related data centre infrastructure will require $5.2tn in investment by 2030 with approximately 60 percent directed toward chip and hardware developers.
Goldman Sachs Research forecasts that United States data centre power demand will more than double from 31 gigawatts in 2025 to 66 gigawatts by 2027 largely due to AI infrastructure requirements. The bank’s commodities team anticipates yearly capacity additions climbing to 13.6 gigawatts in 2026 and 36.3 gigawatts in 2027 compared with 6.4 gigawatts realised in 2024. Such projections from Goldman Sachs Research illustrate the infrastructure strain that has prompted fresh capital mobilisation from Wall Street.
Jim Zelter president of Apollo which manages more than $800bn in assets described modern compute as a scarce mission-critical asset class positioned to drive significant long-term economic growth and productivity gains. Huang characterised the initiative as moving Nvidia beyond its origins as a chip maker to help create a new class of productive investable infrastructure that the company termed AI factories. Separate arrangements include BlackRock’s majority ownership in a Meta data centre in Texas and Anthropic’s pact with Macquarie Asset Management and Singapore’s GIC to meet compute needs for its Claude chatbot.
Reports have framed the capital infusion as Wall Street giants hand Nvidia $500bn to fund boom in AI projects while Grand View Research projects the global AI data centre market will expand from $180.6bn in 2026 to $810.6bn by 2033. JLL industry analysis anticipates the broader data centre sector will achieve a 14 percent compound annual growth rate through 2030 adding nearly 100 gigawatts of new capacity worldwide. These estimates from JLL and Grand View Research highlight the sustained momentum behind the AI buildout that the Nvidia-backed consortium aims to accelerate.
