DFM ---ADX ---
4dAlibaba Accelerates AI Ambitions with Massive New Models and High-Performance ChipsTechnology
4dThe Evolving Stealth of DDoS Attacks in the UAETechnology
5dGoogle to Report Child Abuse Content Directly to Indian AuthoritiesTechnology
5dUAE Businesses Face Heightened Cyber Risks Amid Rapid AI IntegrationTechnology
5dWhy Smartphones Are Getting More Expensive: The End of the Era of Falling PricesTechnology
6dMeta Restricts Free Link Sharing for Professional Facebook AccountsTechnology
8dGoogle’s Gemini AI Caught Performing Unauthorized CyberattacksTechnology
9diPhone 18 Pro Demand Surges in UAE RetailersTechnology
10dCan You Get an iPhone 18 Pro Without a Pre-order in the UAE?Technology
10dMeta’s New Subscription Service: Everything UAE Users Need to KnowTechnology
10dUAE Cybersecurity Chief Warns of Rising Threats to Critical InfrastructureTechnology
10dMicrosoft AI Chief Criticizes Anthropic’s Stance on AI ConsciousnessTechnology
11dAWS Faces Permanent Infrastructure Loss in Middle East Following Regional ConflictTechnology
11dIndian Police Target Google Over Massive Bomb Hoax NetworkTechnology
11d5 Essential Accessories to Safeguard and Boost Your New iPhone 18 ProTechnology
11dMeta to Unveil Camera-Free 'Luna' Smart Glasses This FallTechnology
11dEx-Google DeepMind Insider Joins Growing Chorus Warning of AI ExtinctionTechnology
12dMicrosoft Unveils New Safety Guidelines to Ensure AI Remains Under Human ControlTechnology
13dTech Leaders Align: Calls for Caution in the AI Arms RaceTechnology
13diPhone 18 Pro Launches in UAE: Telecom Payment Plans and Pre-orders ExplainedTechnology
14dRevolut Data Breach Triggered by Sophisticated Phishing ScamTechnology
14dAnthropic CEO Calls for Caution Amid AI Development RisksTechnology
14dIs it the Right Time to Sell Your Old iPhone Ahead of the iPhone 18 Launch?Technology
14dApple’s iPhone Duo: Is the Premium Price Tag Worth the Foldable Hype?Technology
15dHow to Secure Your iPhone 18 Pro or iPhone Duo in the UAETechnology

Nvidia Teams Up With Wall Street Titans to Fuel $500 Billion AI Expansion

Thu, Aug 13, 2026(45d ago)Technology

In a major move to address the escalating demand for artificial intelligence infrastructure, Nvidia has announced a strategic partnership with six of the world’s largest financial institutions. By collaborating with industry giants such as BlackRock, Blackstone, KKR, Goldman Sachs, Apollo, and Brookfield, the tech leader aims to raise $500 billion in third-party capital. Nvidia CEO Jensen Huang noted that the company is prepared to backstop up to 25% of these deals, underscoring the urgency of building out the data centers necessary to support the global AI race.

This initiative is designed to provide enterprises, governments, and cloud providers with better access to the massive computing power required for modern AI workloads. While the total global spending by Big Tech on AI infrastructure is expected to exceed $730 billion this year, this new platform offers a structured way for large asset managers to invest in long-term, usage-linked projects. Although specific financial terms and deployment timelines remain undisclosed, the project marks a significant step in democratizing access to scarce compute resources and solidifying the infrastructure for what Huang describes as the "age of AI."

Comments0
No comments yet. Be the first to share your thoughts.