Nvidia (NVDA) is working with some of the world's largest financial firms to build a $500 billion funding package for AI infrastructure development, the Financial Times reported Monday, citing five people briefed on the talks.
Apollo Global Management (APO), Blackstone (BX), BlackRock's (BLK) Global Infrastructure Partners, Brookfield Asset Management (BAM), Goldman Sachs (GS) and KKR (KKR) are among the companies that have joined the consortium in partnership with Nvidia, the report said, citing the people.
The deal could be announced as soon as Monday, the people reportedly told the FT.
The companies didn't immediately reply to requests for comment from.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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