On Monday, August 10, 2026, a group of financial firms such as Apollo Global and Blackstone began working with Nvidia to assemble a $500 billion funding package aimed at AI infrastructure development, according to a person familiar with the matter who spoke to Reuters.

This collaboration underscores Nvidia's strategy to raise capital for essential components supporting the AI surge, including chips, power generation, and data centers. The consortium also includes BlackRock's Global Infrastructure Partners, Brookfield Asset Management, Goldman Sachs, and KKR, which are reportedly in talks to partner with Nvidia on expanding AI infrastructure, as first reported by the Financial Times.

Big Tech companies have indicated that their AI spending will continue unabated, with combined expenditures expected to exceed $730 billion in 2026.

Separately, Nvidia announced in June 2026 its plan to raise $25 billion through a U.S. bond issuance, marking its first use of the debt market to increase liquidity since 2021.

BlackRock and KKR declined to comment when contacted by Reuters, while Nvidia and the other firms did not immediately respond to requests for comment.

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