Nvidia has a plan to make sure its GPUs won't lose value. It wants to convince a new crop of financiers to keep lending for AI buildouts.

Jensen Huang and Wall Street just unveiled a $500 billion plan to finance Nvidia AI chips as an investable asset class for data centers.

NVIDIA is partnering with KKR, Goldman, Blackstone & others to mobilise more than US$500bn for AI data centres, turning compute into a bankable asset class

Nokia stock has surged over the past year on the promise of AI-powered 6G. Nvidia and T-Mobile are putting that promise to a real-world test.

Wall Street loves Nvidia. In case that wasn’t clear already, this week the bosses of six of the biggest names in global asset management pledged support for the chipmaker’s new project: a financing platform that would back $500bn of AI-empowering data centres.

BofA flagged $260 to $263 as the next technical target for Nvidia after shares cleared $217. Q2 earnings are due August 26, and the firm expects a beat.

For their part, the hyperscalers are no longer content only to buy Nvidia’s chips. They are spending billions on designing their own. Some hyperscalers believe custom silicon will become a big business in its own right.

India's Larsen & ​Toubro said it secured ​an ​order worth up to $1.6 billion from U.S.-based cloud company Together AI to build ⁠an Nvidia AI factory that would be India's largest such AI infrastructure deployment.

It marked the birth of asset-backed securitization, which would spread to a wide range of assets, including auto loans, personal loans, student loans, and a broad swath of commercial loans. But in recent years, they've depleted much of their free cash flow ...