Blackstone joins $500 billion Nvidia alliance to fund AI factories

Blackstone is partnering with Nvidia and a coalition of financial firms to mobilize over $500 billion for AI infrastructure. The group includes Apollo, BlackRock, Brookfield, Goldman Sachs, and KKR.

The firms signed memorandums of understanding to create financing platforms for data centers and essential AI technologies. This initiative aims to establish AI computing power as a new investable asset class.

Dedicated capital pools will allow Nvidia customers to finance large-scale AI factories at attractive rates. The move positions Blackstone at the center of the digital infrastructure and AI revolution.