Nvidia Strikes Deal With Six Wall Street Firms to Raise $500 Billion for Customer AI Infrastructure

Nvidia agreed with six major Wall Street firms to raise over $500 billion in financing for its customers to fund datacentres and chip factories, per August 11 reports. The deal formalizes a financing channel built over three years, connecting GPU buyers with lenders. Earlier collateralized-chip loans include CoreWeave's $2.3 billion facility (2023) and Lambda's $500 million loan (2024).