DIPS

$NVIDIA(NVDA.US) Nvidia late Monday announced a partnership with six Wall Street financial institutions designed to raise more than $500 billion of third-party capital to fund the buildout of AI infrastructure. The chipmaker said in a statement it had signed a memorandum of understanding with Apollo (APO), BlackRock (BLK), Blackstone (BX), Brookfield (CA:BN), Goldman Sachs (GS) and KKR (KKR) to create partnerships that would allow Nvidia's (NVDA) customers to finance the cost of computing power at a global scale. That would include frontier AI labs, enterprise and AI clouds, Nvidia said. "AI has reached an inflection point," Nvidia CEO Jensen Huang said in a social-media post announcing the deal. "It is moving from research into production. AI is creating real value, and the infrastructure behind it is becoming one of the world's most productive assets. In AI, compute is revenue.These financing platforms will help customers access scarce compute at scale and build the DSX AI factories that will power every industry and country in the age of AI." @Captain's Treasure