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Wall Street To Support Data Center Growth

Nvidia announced an agreement with Wall Street heavies, Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR. The six Wall Street firms will arrange more than $500 billion in third-party capital for AI infrastructure. The firms will create funding vehicles that allow investors to invest money directly in AI data centers in exchange for a share of the income those data centers generate. From Nvidia’s perspective, the agreement is very beneficial with little risk. The Wall Street-led financing arrangements provide the big hyperscalers with capital to build data centers at a time…

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