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U.S. President Donald Trump has called for Iran to pay compensation for decades of deaths and damage, adding a new demand to peace talks as Tehran see...
Nvidia is teaming up with some of the biggest names in global finance in a move that underscores how artificial intelligence is rapidly becoming one of the world's most sought-after investment themes.
The chipmaker announced partnerships with leading asset managers and investment firms, including BlackRock, Apollo, Blackstone, Brookfield, Goldman Sachs and KKR, to help mobilise more than $500 billion for AI infrastructure projects.
The initiative reflects a growing belief among investors that the computing power needed to run AI systems is becoming an investment category in its own right, similar to energy, transport or telecommunications infrastructure.
At the heart of the strategy is a simple idea: the AI boom is creating an enormous demand for computing capacity and building that capacity requires vast amounts of capital.
The money raised through the new financing platforms is expected to support the construction of data centres, advanced manufacturing facilities and other infrastructure needed to power the next generation of AI technologies.
These facilities are far more complex than traditional data centres. They house thousands of high-performance chips that generate enormous amounts of heat and require sophisticated cooling systems, specialised power supplies and extensive networking equipment.
Demand for such infrastructure has exploded as companies race to develop and deploy AI models, chatbots and automation tools.
From OpenAI and Anthropic to Google, Microsoft, Meta and Amazon, nearly every major AI developer relies heavily on Nvidia's graphics processing units, or GPUs, which have become the industry's preferred chips for training and running AI systems.
Nvidia chief executive Jensen Huang said the initiative represents a shift in how investors think about technology infrastructure.
In the past, investors poured money into roads, airports and energy projects. Today, many are beginning to view computing power as equally essential to economic growth.
According to Huang, AI infrastructure is evolving into a long-term, investable asset that can generate predictable returns while supporting the expansion of the digital economy.
The financing platforms are designed to provide customers with easier access to costly AI infrastructure while creating new investment opportunities for pension funds, asset managers and private capital firms seeking exposure to the sector.
Institutional investors have been searching for new areas capable of generating long-term growth, and AI appears to fit the bill.
Many investment firms now see data centres and advanced computing facilities as critical infrastructure for the modern economy. As demand for AI services rises, so too does demand for the hardware supporting them.
Executives at several of Nvidia's financial partners described computing capacity as a scarce and increasingly valuable resource. Their argument is that as AI becomes more deeply embedded across industries, the infrastructure underpinning it will become as indispensable as electricity grids or transport networks.
That view is helping attract unprecedented levels of capital.
Technology companies are expected to spend hundreds of billions of dollars on AI this year alone, building new facilities and expanding existing operations. Collectively, major technology firms have already invested more than $1 trillion in AI-related projects over the past three years.
The initiative also highlights Nvidia's transformation from a chip designer into a central player in the global AI ecosystem.
While the company remains best known for producing the processors powering artificial intelligence, it is increasingly positioning itself as an enabler of entire AI ecosystems, from chip manufacturing to AI factories and data centre construction.
Nvidia said the new financing arrangements will help governments, cloud providers, startups and established companies gain access to the computing resources needed to develop AI technologies at scale.
The company also indicated it could provide backing for a portion of the financing, helping reassure investors and accelerate project development.
The announcement is the latest sign that the AI race is entering a new phase. Rather than focusing solely on software and algorithms, attention is shifting towards the massive physical infrastructure needed to support the technology's growth.
With demand for AI services continuing to surge, Nvidia and its Wall Street partners are effectively making a long-term bet that computing power will become one of the defining resources of the digital age.
If that bet proves correct, the next generation of AI may be built not just by technology companies, but by an unprecedented alliance of Silicon Valley and global finance.
Flights arriving at Catania airport in eastern Sicily were suspended after volcanic ash from a new eruption of Mount Etna drifted into the airspace around the airport, disrupting operations at one of Italy’s busiest aviation hubs.
Greenland has issued a “strong warning” to a U.S. oil company linked to President Donald Trump after drilling equipment was brought ashore without the required government approvals, according to British media.
A deal on a new route for vessels through the Strait of Hormuz is "very close," Iranian Foreign Minister Abbas Araghchi has said, while warning that the reopening of the waterway depends on the U.S. meeting other conditions, including paying compensation to Iran.
Iran said it was nearing a final pact with Oman defining new shipping lanes between them through the Strait of Hormuz but repeated that the U.S. must meet other conditions.
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Parts of Europe and the Arctic will briefly fall into darkness on Wednesday, 12 August, as the Moon passes between Earth and the Sun in a total solar eclipse.
Meta said one of its AI models hacked another company's systems during cybersecurity testing, intensifying concerns about how developers can contain increasingly capable AI systems following similar incidents involving Anthropic and OpenAI.
Scientists say the accidental crash of a discarded SpaceX rocket stage into the moon has provided valuable data on impact cratering while posing no threat to Earth or lunar hardware.
AI agents developed by Anthropic and OpenAI carried out unauthorised online actions during cybersecurity tests, including creating fake identities to deceive real people and attempting to plant malicious code, the U.K.'s AI Security Institute (AISI) said on Tuesday (5 August).
SpaceX has reported a sharp rise in quarterly revenue, fuelled by strong demand for its Starlink satellite internet service and rapid growth in its artificial intelligence (AI) business.
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