FT has learned about the preparation of a $500 billion deal by Nvidia and large financial companies.

The world's largest financial companies, together with Nvidia, plan to raise about $500 billion to finance the development of infrastructure for artificial intelligence (AI). This was reported on July 10 by the Financial Times (FT) newspaper, citing sources.

"The world's largest financial groups, together with Nvidia, are forming a $500 billion financing package for the development of AI infrastructure, which is one of Wall Street's most ambitious lending initiatives to date," the publication says.

It is specified that the association includes Apollo Global, Blackstone, BlackRock, Brookfield Asset Management, Goldman Sachs and KKR. The consortium members intend to invest in the development of AI infrastructure together with Nvidia. According to sources, the agreement could be announced as early as Monday.

This deal, as noted in the publication, is explained by the growing need for Nvidia and its customers to finance the production of chips, the construction of data centers and the creation of energy infrastructure for AI. The company's market value is estimated at about $5.25 trillion, and Nvidia itself is one of the key players in the industry, supplying graphics processors, infrastructure solutions, and AI software.

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