Nvidia is trying to broaden the funding base for the AI buildout by partnering with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR on financing platforms aimed at mobilizing more than $500 billion for AI infrastructure. The structure would rely mainly on third-party investors so Nvidia customers can finance chips and data centers without putting most of the risk on Nvidia’s balance sheet. The model treats AI compute as infrastructure that can generate steady cash flows, allowing debt to be raised against usage commitments or leases. That matters as AI investment approaches $600 billion this year and Goldman Sachs estimates AI-related financing now makes up nearly one-quarter of all gross U.S. investment-grade issuance. Nvidia CEO Jensen Huang framed the shift as a move from project-by-project chip purchases to financing "AI factories" as productive infrastructure, arguing that "In AI, compute is revenue." Nvidia may also provide residual-value support of up to 25% for some projects to reduce lenders’ concerns that chips could lose value faster than expected. Supporters say the arrangement brings in institutional capital such as insurance and pension money through private-credit and infrastructure managers, while skeptics warn that safety-oriented pools of capital are different from venture funding or equity investors.