Nvidia taps retirement funds to bankroll the AI infrastructure boom
Fortune reports Nvidia is partnering with Apollo Global, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR to mobilize over $500 billion for AI infrastructure by financing compute as a tradeable asset via private-credit and infrastructure funds. Third-party investors—primarily insurers and pension funds—would supply the capital, keeping most of Nvidia’s risk off its balance sheet, with the company potentially offering up to 25% residual-value support. Analysts see this as a major shift in AI funding, though it raises questions about long-duration risk for safety-focused retirement portfolios.
