NVIDIA pitches AI factories as a $500 billion infrastructure asset class

Jensen Huang says NVIDIA is working with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR on independent financing platforms designed to mobilize more than $500 billion in third-party capital for AI infrastructure over time. The central pitch is that AI factories can be financed like productive infrastructure because they serve many customers, can be redeployed and may become more efficient through software. The article also addresses circular-financing concerns: lenders would underwrite projects independently, while NVIDIA may provide limited residual-value support of up to 25% in some cases. If the model works, it could broaden access to AI compute while shifting more of the buildout onto long-term institutional capital.