AIThe Next Webabout 2 hours ago
Nvidia expands AI financing to $500bn consortium
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Nvidia partnered with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR to finance AI infrastructure worth over $500 billion. Saudi Arabia's data centre pipeline needs up to $32 billion in debt, exceeding local bank capacity. US local data centre bans surpassed 500 in July, with New York banning construction outright.
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