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Nvidia’s $500B AI Buildout With Wall Street Heavyweights, Nithya Raman Could Lose Key City Hall Leadership Role as Mayoral Race Heats Up, and New Video Podcasts Are Coming to Disney+ and Hulu
Nvidia is partnering up with six asset managers, including BlackRock and Goldman Sachs, to bring half a trillion dollars into AI infrastructure — chips, power plants, and data centers. Nvidia CEO Jensen Huang says the goal is to connect its customers with lenders for loans and credit, though key details about the project remain unclear. BlackRock’s Larry Fink says the move reminds him of the creation of mortgage-backed securities, treating AI compute as a new investable asset class. Nithya Raman could lose her leadership role as chair of Los Angeles City Council’s Housing and Homelessness…
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